China Everbright Limited’s China Everbright Assets Management Limited Receives 2018 Golden Shell Award for “The Most Competitive Cross-Border Asset Management Company”
28 July 2018, “2018 China Asset Management Annual Conference”, hosted by Southern Financial Media Group, 21st Century Business Herald in conjunction with Shanghai Pudong Development Bank, was held in Shanghai, where 11th China Asset Management Golden-Shell Award ceremony took place. With its solid historical performance and well-regarded market reputation, China Everbright Limited’s ( CEL, Stock code: 165.HK ) China Everbright Assets Management Limited (“CEAML”) was named “The Most Competitive Cross-Border Asset Management Company”.
As the industry’s heavyweight award event, China Asset Management Golden-Shell Award has been successfully held ten times since award inception in 2008. Based on quantitative data, the award also evaluates candidate companies based on performance, innovation, risk management, team quality, market recognition, social responsibility among bank asset managers, trusts, insurances, securities, fund managers and futures brokers to award the leading high-growth companies in onshore asset management industry, thus providing valuable reference for investors to choose investment targets and investment products.
China Everbright Assets Management Limited is the wholly-owned subsidiary and secondary market arm of CEL, a Hong Kong-listed diversified financial services enterprise. The firm is an investment advisor registered under the Securities and Futures Commission of Hong Kong with Type 1, 4 and 9 licenses to deal in securities, advise on securities and engage in asset management in Hong Kong. China Everbright Assets Management Limited, along with its onshore CEL Asset Management (Shanghai) Limited, specializes in cross-border investments in fixed income, equity and PIPE via open-ended absolute return funds as well as bespoke managed accounts. As of June 2018, the firm manages and advises over HKD 20.7 billion assets for institutional investors such as banks, insurance, brokerage, corporates, private banks, family offices and third-party wealth managers.
China Everbright Assets Management Limited was named “The Most Competitive Cross-Border Asset Management Company” for its consistent track record in delivering absolute return, notably in its two flagship products, Everbright Dynamic Bond Fund and Everbright China Focus Fund. Everbright Dynamic Bond Fund, the firm’s flagship fixed income product launched in December 2012, is managed by two portfolio managers Will Chung and Girish Kumarguru and their team in Hong Kong. The fund offers both USD- and RMB-denominated share classes and primarily invests in a portfolio of Asian investment grade, high yield and convertible bonds. With an annualized RMB return of +9.97%, net of fees, it is one of the largest private funds in its category with current AUM at USD 569 million. Everbright China Focus Fund, the firm’s flagship fundamental China A+H equity long-only absolute return fund is managed by Keith Wu and his team out of Hong Kong and Shanghai. Launched in January 2014, the fund has achieved an annualized USD return of +17.36%, net of fees.
The Funds are available only for investment by professional investors (as defined under the Securities and Futures Ordinance). Investment involves risks. Fund price may move up or down. Past performance of any fund and securities is not indicative of future performance. Professional investors should refer to the offering documents (including the risk factors) before investing.
