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We are launching Friday Only Club!

Oscar de la Renta chose not to show at New York Fashion Week and instead streamed on Amazon. Is Amazon a suitable forum for a luxury brand? CEO Alex Bolen said, "I'm not sure. But we have to experiment with new ways to get our story out." https://lnkd.in/g4rZMxyb We launched our funds when Covid started and with the halt in travel and tough fund raising environment for emerging managers, we focused on performance and experimented with new ways to reach out to allocators, namely Linkedin posts and YouTube videos which can now be binge-watched on  www.quantflix.com . True, some people say that with the positive fund returns last year for both our long-only equity and multi-strategy funds, and the China fund outperforming its benchmark by its annualized double-digit aim, it was expected that we would pass the $100m mark. But when times are bad, most new investment monies went to well-known funds that are much bigger with a marketing budget that we cannot afford. So every lit
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Chinese New Year Spring Cleaning

Chinese New Year spring-cleaning is about tossing out old stuff so you can bring in new things.

So I got a new faucet sponge which would solve my daily problem of the sponge holder falling off every time I take out the sponge. But I repurposed the mini suction to be a dishcloth holder on the backsplash wall.

We put up CNY office decorations. Instead of buying pre-made ones, we up-cycled red packets from last year, using the side that does not not show Tiger motifs (which would scare off the bunnies in the Year of the Rabbit). Save money and save trees.

One of our institutional clients asked us how our fund expense ratio can be so low especially for a young fund just at 100m. We are personally invested in the funds and do not want to incur unnecessary expenses which subtract from net returns. Today we added some lines of code to run NLP sentiment analysis on our positions with variable time periods, rather than buy something new off-the-shelf. But to effectively handle the growing AUM, we continuously evaluate our portfolio and trading management systems. We fix when we can and buy if need be.

In the spirit of being ESG this year of inflation (and possibly recession), Enhance not Exceed.

#hedgefund #expensemanagement #esg #nlp #cny2023 #dishwashing

   




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