Insights into Singapore’s Fund Management Scene, along with the latest news from Pilgrim Partners Asia.

Robotaxi rivals Pony and WeRide join Chinese ride-hailing service OnTime's $153M round
Adrian Koh Adrian Koh

Robotaxi rivals Pony and WeRide join Chinese ride-hailing service OnTime's $153M round

WeRide.ai and Pony.ai, which both operate out of China's southern metropolis Guangzhou and California, have participated in OnTime's one billion yuan ($153 million) Series A funding round, according to an announcement from ride-hailing company OnTime on Tuesday. As autonomous driving technology and regulations advance rapidly in China, ride-hailing platforms start looking for solutions to cut labor costs. On the other hand, robotaxi startups also want help from car-hailing services to reach the masses.

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Pilgrim's Albert Ee: "Hard skills and experience are key"
Adrian Koh Adrian Koh

Pilgrim's Albert Ee: "Hard skills and experience are key"

Albert Ee, one of the best-known persons in Singapore's hedge fund industry, talks with Hedge Funds Club's Stefan Nilsson about his career, the skills it takes to succeed as a hedge fund manager, risk management and Singapore's role in the industry.

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Press Release: OPIM and Pilgrim entered a strategic partnership to cooperatively promote the development of Asian hedge fund industry
Adrian Koh Adrian Koh

Press Release: OPIM and Pilgrim entered a strategic partnership to cooperatively promote the development of Asian hedge fund industry

This partnership integrates the offering of multiple fund management structures, including private equity and private market assets, and aims to meet fund managers' increasing demand for regulated fund schemes. In the cooperation with PPA, OPIM expects to facilitate and promote the access to fund management structures in Mainland China, Hong Kong, Singapore and the rest of Asia, to share the benefits of the integration and interconnection of the Asian fund market and to support fund managers and investors to develop and conduct businesses more efficiently and economically.

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AGF wins HFM Hedge Fund Awards Asia 2019 - 'Best Emerging Manager Award'
Adrian Koh Adrian Koh

AGF wins HFM Hedge Fund Awards Asia 2019 - 'Best Emerging Manager Award'

It is with great pride that we announce and congratulate the team behind Ascent Global Fund (AGF), a 3-year vintage fund for winning the HFM Hedge Fund Awards Asia 2019 - 'Best Emerging Manager Award'

Year on year, the fund has surpassed internal financial markers in the shortest possible time frame.

We would like to sincerely thank our investors and partners in the journey of AGF and look forward to their continuous support

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