Eric Wong from TCG Capital, a multi-family office based in Hong Kong, has found an interesting niche providing capital - mainly via managed accounts - to market makers, proprietary trading firms, and CTAs.
In this Opalesque.TV BACKSTAGE video, Eric speaks about accessing pools of "raw trading talent", tapping into sometimes whole teams of prop traders or market makers. Many of their strategies are often niche and capital restrained and therefore more suitable for family office than institutional investors.
He also speaks about myths and misconceptions about the "Asian Family office", actual investment preferences of Asian Family offices and "huge" opportunities for asset managers servicing the 2nd and 3rd tier Chinese investor base.
In addition, hear Eric speak about:
1. Procedures for manager selection
2. Why TCG prefers smaller managers
3. Building a set up for managing 100 or more traders
4. How to create portfolios of traders
- Properly measure correlation and selecting appropriate risk measures
- Doing the opposite of most platforms and large investors
- Remote or trading floor model?
- When to stick with and when to replace a trader?
Eric Wong is a director at TCG Capital, a multi-family office based in Hong Kong that was established in 2003 to manage the families’ investments in the venture capital and private equity space. Since then the mandate has been expanded to seek investments with uncorrelated returns to major asset classes. At present, a major area of focus is to provide capital mainly via managed accounts to market makers, proprietary trading firms, and CTAs.
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Eric Wong from TCG Capital, a multi-family office based in Hong Kong, has found an interesting niche providing capital - mainly via managed accounts - to market makers, proprietary trading firms, and CTAs.
In this Opalesque.TV BACKSTAGE video, Eric speaks about accessing pools of "raw trading talent", tapping into sometimes whole teams of prop traders or market makers. Many of their strategies are often niche and capital restrained and therefore more suitable for family office than institutional investors.
He also spe
...more