“…. A fund operated by Hong Investment Advisors, an asset manager based in Hong Kong, shifted from a bet against the yen to one in favor of it around the time of the Bank of Japan’s interest-rate increase, said Shun Hong Liu, the firm’s chief investment officer. He said the fund, which is focused on currency and interest rates, took a hit on the yen but is still up around 8% this year—thanks to other positions meant to benefit from dollar strength against other currencies…… ”
— Wall Street Journal (April 2024)
“……. There should be too much bond supply next year” given the “bad” fiscal positions of major economies, said Shun Hong Liu, chief investment officer of macro hedge fund Hong Investment Advisors”
— Reuters (December 2023)
“…... I continue to believe that deglobalisation will stay and Asia will have deflationary pressures while the Western world will continue to face inflationary pressures,” said Shun Hong Liu, chief investment officer of Hong Investment Advisors.”
— Reuters (July 2023)
“…… Possible BOJ correction, in preparation fora stronger yen” Shun Hong, CIO, Hong Kong Hong Investment Advisors Ltd. “If the BOJ changes its monetary policy, the current downward trend of the yen will change. We are building long yen positions(buy-and-hold) in anticipation of a recovery in the yen to around 130 yen. As a tail risk(low probability but high impact if it happens), we also hold call options (right to buy) on the yen, which we can profit from if the yen appreciates more rapidly than it does.[Translated] ”
— Nikkei ( October 2022)
“….. A change of monetary policy is long overdue,” said Shun Hong Liu, chief investment officer of Hong Kong-based Hong Investment Advisors. Its HCM Rapier Fund Class A generated a 55% net return through the end of August 2022”
