New Singapore-Based Hedge Fund Partners Refinitiv
WeTrust Asset Management has adopted Refinitiv's trading workflow and data solutions to support its investment management operations.
The financial market infrastructure and data provider will provide WeTrust – a newly launched cross-border hedge fund with presence in Singapore and Shanghai – with a cross-asset, multi-broker electronic execution platform.
It will also equip the firm with integrated risk, automated pre-post trade management, rebalancing, modeling, as well as live P&L for its order management, according to a press release on Thursday.
Paul Palackel, business director, trading solutions at Refinitiv said WeTrust's adoption of Refinitiv's solutions is in line with the firm's goal of expanding its offerings as Singapore’s financial sector continues to grow and evolve.
Experienced Fund Manager
WeTrust Asset Management was founded in 2019 by Keith Wu and other veteran investors of Chinese equity markets. It launched its flagship China-focused long/short equity strategy, WeTrust Absolute Return Growth Fund, in June.
Wu was previously the managing director and head of equity investment for China Everbright, and the portfolio manager of the Everbright China Focus Fund since its inception. He was also a fund manager at Shanghai-based Zendai Investment Management, which followed stints at UBS and HSBC Private Bank.
