Hamon collaborates with the Qixin team to contribute to the development of Internet finance

June 21 17:42 2023

In recent years, as China continues to deepen its economic system reform, financial reform is still being pushed forward. The government encourages innovative financial models, leading to the emergence of internet finance. With the help of internet platforms, financial products and services have experienced rapid development, giving rise to the concept of internet finance. The rise of internet finance in China combines the current socio-economic reality of China and follows closely in the footsteps of global internet finance development.

Hamon is an expert in Asia and global emerging markets (“GEM”), with a presence in Hong Kong and London. They provide asset management services to global institutional clients and family offices in Asia, Europe, and the United States through mutual funds, sub-advisory funds, and managed accounts.

Qixin team has obtained licenses from the Securities and Futures Commission (“SFC”) in Hong Kong and the Financial Conduct Authority in the UK, and is registered with the Financial Services Commission in South Korea through its subsidiaries.

Many of long-term institutional business partners from Europe, the United States, and Asia include HSBC, Merrill Lynch, Lombard Odier, and The Bank of New York Mellon (“BNY Mellon”), which became an equity partner in 1998. For the past 18 years, Hamon has been helping BNY Mellon manage assets and find risk exposures for Dreyfus funds and institutional clients in Asia. In 2017, due to a change in the company’s business focus, BNY Mellon sold back its equity in Hamon to its founders.

To provide tailor-made solutions according to the needs of international institutional and family office clients, Hamon continues to expand its product range through acquisitions or partnerships with high-performance investment managers. In 2008, Qixin Team acquired Doric Capital, an Asian long/short hedge fund management company, and subsequently acquired GEM and Frontier Markets expert Blackfriars, based in London, from BNY Mellon in 2011.

Since its inception, Hamon has managed over 2.3 billion dollars in assets for its clients through mutual funds and separate portfolios.

Since its establishment in 2013, the Qixin team has been a leading team in the internet finance industry, dedicated to asset management of internet finance products. It has received unanimous praise from industry professionals and clients. Under the leadership of Mr. Zhao Renxin, the team has overcome numerous challenges and made strides in the internet finance industry. In this increasingly complex internet finance market, the team’s desire for significant development often requires a higher cooperation platform for investment, enabling the maximum release of product momentum and value. At this juncture, Hamon launched an online new stock fund project, which can be seen as a timely blessing that meets their needs. In 2023, the Qixin team participated for the first time in the online new stock fund project launched by Hamon. Led by the team’s founder, Mr. Zhao Renxin, members from various departments of the team conducted an on-site inspection of Hamon Limited. After several months of investigation, the entire Qixin team is now participating in the project.

In the future, the Qixin team will continue to make every effort to maximize the investment benefits of the team. Through its specially designed big data system, the team will have real-time understanding of the trends in internet development, discover more financial products, and promote feasible investment plans. This aligns with Hamon’s need for an innovative team to inject fresh blood into the internet finance industry. In conclusion, as the internet finance market becomes clearer, it may break the monopoly of large financial institutions on client information in the future. They will be able to provide customers with “one-stop” financial services, reduce transaction costs during the investment process, enhance customer status, and give voice to customers. The collaboration between the Qixin team and Hamon is a combination of two strong forces, a harmonious integration, and a win-win situation, with limitless prospects for future development.

Media Contact
Company Name: Hamon Asset Management Limited
Contact Person: Hugh Simon
Email: Send Email
Phone: +852 2526 4268
Country: China
Website: www.hamon.com.hk