The Son of Finance of the Great Age

  Chapter 150 Establishment of the Fund

  After clearing all the positions in the crude oil futures market, Zhong Shi has been busy with the new fund in Hong Kong non-stop. After harvesting a total of 450 million U.S. dollars in the crude oil market, according to the previous agreement, Andrew, Li Mingyang, Zhong Yi and Liao Xiaohua shared the 4.5 million U.S. dollars equally, and each received an average remuneration of more than one million U.S. dollars.

  For such a windfall, Li Mingyang is naturally the happiest. He was originally forced to stay in the United States by the trading department of Standard Chartered, and he was very reluctant at the time, but he is very lucky now, fortunately he stayed at that time, otherwise he would have missed such a large fortune in vain. It will take at least ten years for Standard Chartered to earn that much money.

  Zhong Shi is also very satisfied with his trader. When the new fund is about to be established, it also needs several experienced traders and traders, so he was thought of when the new fund company was established.

"Do you really want me to join a fund company?" Although it was a buyer's market, all of Li Mingyang's previous work was purely buying and selling, based on research reports from investment banks or his own analysts, who just observed the market every day The direction and volume, to put it clearly, is the role of an investment consultant. For entering a fund company, he is not sure whether he is competent.

  What he doesn't understand is that the fund established now is just a means of external communication. In fact, most of the research and strategies of this fund are completed by Zhong Shi alone. Naturally, in order to diversify risks, the funds of this fund will be divided into several parts and invested in different markets. Hong Kong's financial market is extremely developed. Apart from the local capital market, global markets can participate at will.

Zhong Shi naturally wouldn't explain all this: "Everyone has seen your performance in the crude oil futures market, and I believe that there should be no objection from everyone here. But if you don't give up your job at Standard Chartered, I won't force you to. Now it's up to you to choose."

  In addition to Zhong Shi, several people who worked together in the crude oil futures market were there. This is a high-end office building in Central. Zhong Shi, Liao Xiaohua and others came here to check the address. Since they want to set up a fund company, they naturally need an office space. They have traveled to several places in the past few days, but they have not confirmed the office space. .

  Li Mingyang looked towards Andrew. The two of them had forged a deep friendship in the battle in the crude oil futures market. After all, both of them were traders, and they felt a little bit of sympathy for each other. Seeing Li Mingyang looking over, Andrew nodded imperceptibly. Li Mingyang was heartbroken and agreed: "In this case, I will report my resignation when I go back."

"We are about to set up several hedge funds. In addition to the global macro, we will also pay attention to the related derivatives market. As long as there is profit, we should have our voice." Zhong Shi looked at Li Mingyang and continued. : "In my plan, in addition to the United States, Japan, Europe and other markets, the Hong Kong market will also fully participate."

   What he said made several people excited. They are all "veteran ministers" who have followed Zhong Shi to work hard in the world. They are very familiar with what Zhong Shi has done in the past few years, so they naturally know that what Zhong Shi said is not a lie.

Although Li Mingyang did not participate in the previous series of investment activities, he saw with his own eyes a billion dollars in funds when he invested in the crude oil futures market. Although most of the money was not used in the end, it really made him realize that The new boss has deep pockets.

"In addition, we need to recruit investment elites around the world, and at the same time recruit excellent analysts from the research department of investment banks. This work will be carried out by Liao Xiaohua. Do you have any objections?" Zhong Shi said eloquently After a long speech, Liao Xiaohua was given the position of Human Resources Director.

   To be honest, the content of this job is to recruit people. As long as you go through a professional headhunting company, you can find excellent analysts in many financial institutions in Hong Kong, as long as the salary is high enough. It would be shocking if all the trading decisions were made by Chung-shik. Therefore, Zhongshi needs to recruit a team of analysts, including professionals in stocks, bonds, interest rates, exchange rates, and even mathematics and computers.

In fact, in Zhong Shi’s vision, this fund will have five or six fund managers who will manage the funds invested in different markets, and the largest share will be controlled by Zhong Shi himself. people.

Liao Xiaohua's face was full of joy. Now he can blatantly hand over the funds to Zhong Shi. He has made up his mind a long time ago and is firmly tied to Zhong Shi's ship. Now that he has such an opportunity, he naturally won't miss it.

   Just when Zhong Shi was about to continue talking, Li Mingyang suddenly interrupted: "Don't you know that our fund accepts investment from internal employees?"

   Li Mingyang is from an investment background after all, and he is very sensitive to every single word he speaks. It is important to know that in the role of investment consultants like them, if they say something wrong, they may be sued by the client, so they are very careful in speaking, and naturally they are also very careful in listening to others.

   What Zhong Shi said just now is to set up a fund, not launch a fund. These two words are very different. Funds are established by professionals to help clients manage funds. The establishment of a fund indicates that the funds raised by the fund have been in place, while the launch of a fund indicates the intention of asset management, and the corresponding funds need to be raised through different channels.

Well-known hedge fund managers are investors waving checks asking them to help manage funds, and some hedge funds are closed to outside investors shortly after opening, just because they don't want to help too many investors. Manage funds or control the fund size of the fund. In later generations, there once was a fund manager who founded natural gas futures as an investment target. His rate of return made the outside world salivate. Many people held checks through various relationships and begged him to open subscriptions. In the end, only his childhood friends could Subscribe to a certain share.

Therefore, when Zhong Shi announced its establishment, Li Mingyang felt keenly that Zhong Shi obviously had strong confidence in the prospects of this unestablished fund and had strong financial support, so he could say such a thing about its establishment Come.

Zhong Shi took a deep look at him and replied: "Of course, all employees in the fund can invest. However, there are some restrictions on the amount of investment. The minimum amount should not be less than 100,000 US dollars, and the maximum amount should not exceed 10 million US dollars." ,what do you think?"

   "US$100,000? My God!" Li Mingyang glanced at the unheated check in his hand, and shouted out another question that popped up in his heart, "Zhong Sheng, what is the size of our fund?"

   "One billion dollars!" Zhong Shi raised a finger and shook Li Mingyang with disapproval. In his vision, most of the fund company's funds will be managed by himself, and in addition to his own funds, it will also accommodate the funds of a few people like the Liao family and Andrew.

As for the threshold of US$100,000, it’s not like he’s talking nonsense. As long as financial practitioners with a little experience have a few years, they will not fail to spend one million Hong Kong dollars. As for whether they will invest, it depends on everyone’s opinion. eyesight.

After waiting for a long time, seeing that Li Mingyang had nothing to say, Zhong Shi continued: "As for brokerage firms, in addition to stocks and futures, we also need to find several corresponding brokerage firms in the foreign exchange market, preferably those with good reputation and members. The level is relatively high. In addition, you must pay close attention to the off-market market, where the contract amount is larger and it is easier to make a profit." After finishing speaking, Zhong Shi looked at Andrew: "You are responsible for this aspect, after all You are most familiar with brokerage firms!"

   "Shouldn't HSBC's brokerage channel be used?" Andrew nodded and asked a strange question.

Zhong Shi shook his head, and explained vaguely: "I use these channels for other purposes, so you can leave them alone for now." The crude oil futures incident taught him a lesson, that is, it is impossible to concentrate all funds in one brokerage firm. Otherwise, it is easy to attract the attention of the market, and if someone with intentions launches an attack on this, they may encounter trouble. Although this time he accidentally encountered a systemic risk that was beneficial to him, he also reserved enough margin in his account, otherwise he might be pulled up by a few bulls and blow up his position.

  After hearing Zhong Shi's explanation, Andrew couldn't ask any more questions, so he nodded immediately, indicating that he understood.

   "As for the trivial matters of the office location, it's really troublesome!" Zhong Shi glanced around and couldn't help frowning. To be honest, these are trivial things, but after all, these are the places where I will work in the future, but I can't be sloppy at all, after all, it also represents the company's image to a certain extent. "I'll leave this matter to you. It's best to have the best location and the highest floor, and then buy the entire floor. Can this matter be handled well?" Zhong Shi thought for a long time, and finally decided to entrust this matter to Li Mingyang will do it. First, he is a professional and familiar with the working environment. Second, he also intends to examine his investment vision. After all, if you buy a floor, it is the company's assets and an intangible investment.

  Li Mingyang is undoubtedly a smart person, and he quickly understood the truth. He nodded solemnly, then seemed to remember something, and asked involuntarily, "Zhong Sheng, I don't know what our capital management company is called yet!"

"Horizon International Capital Management, registered in the Cayman Islands, first established five funds: Horizon Japan, Horizon Europe and the United States, Horizon China Growth, Horizon Global Macro, and Horizon Bond. Once established, the global macro and bond The two funds will be managed by me personally, and the initial capital scale is set at about 700 million U.S. dollars. The other three funds each have a size of 100 million U.S. dollars. I have entrusted relevant headhunting companies to implement the relevant recruitment work."

  What Zhong Shi didn't expect was that this asset management company, which had no intention of opening up from the beginning, eventually leaked its reputation due to certain things, and even caused an uproar. Even more than ten years later, when the son of a certain big shot established his own private equity fund, he deliberately chose a similar name.

   Thank you book friend feixingwang for your reward! Thank you book friends? Smile↗Xuanyan's evaluation vote! The loyal fans of this book make me think about giving rewards every day, thank you again! Everyone's support is the motivation of the author, I hope more book lovers can pay attention to this book~

  (end of this chapter)