Investment Funds: Hedge Funds (International Firms)
Greater China Region Guide 2024 : China
Band 2
Email address
[email protected]Contact number
+852 2825 9211About
Provided by Deacons
In any industry – and law is no exception – what really matters is what your clients think. So we are delighted that, year after year, our clients tell independent researchers that we are ‘head and shoulders above the competition’ (Legal 500 Asia Pacific), ‘unmatched on registered funds work’ (IFLR 1000), and ‘one of the pre-eminent practices’ at a ‘competitive price’ (Chambers & Partners).
Not that we are complacent. Our experienced team is dedicated to keeping ahead of market developments and providing our clients with the highest possible service standards. That’s why we have achieved a long list of ‘market firsts’, introducing to Hong Kong many new and innovative products.
As the largest investment funds team in Hong Kong, we act for the lion’s share of international and local asset managers – household names like Aberdeen, Barings, Invesco, PIMCO and Schroders.
Our work on retail funds is well known. We also have exceptional experience in the full range of alternative investment funds, as demonstrated by our multiple wins at the HFM Asia Hedge Fund Services Awards. Our regulatory advice is marked by strong local knowledge and close links to Hong Kong’s Securities and Futures Commission (SFC). For work involving mainland China, we can draw upon our dedicated team of Mandarin-speaking practitioners, and the resources of our representative offices in Beijing, Shanghai and Guangzhou.
Chambers Review
Deacons' large funds team is renowned for its mastery of the retail fund market. The firm is much admired for its regulatory expertise and its standout track record in obtaining SFC authorisations for a variety of public funds, including unit trusts, RFQII and UCITS funds. The team is also proficient in the private fund space, particularly with regard to the establishment of hedge funds including knowledge of Hong Kong's OFC regime. The team is experienced in advising fund managers based in Mainland China on investment into Hong Kong, and in dealing with insurance and securities. The firm counts Allianz Global Investors, Janus Henderson Investors and Samsung Asset Management among its key clients.
Work Highlights
- Deacons advised Phillip Capital Management (HK) on setting up a new open-end fund company as an ETF, Phillip ETF Series OFC, and its initial sub-fund, Phillip HK Newly Listed Equities Index ETF.
Strengths
Provided by Chambers
"The team possess good fund documentation drafting skills. They're very responsive and provide effective solutions."
"Deacons possesses a well-established market profile, principally in retail and hedge funds. Deacons is well regarded in the market for expertise in fund regulatory issues."
"The team possess good fund documentation drafting skills. They're very responsive and provide effective solutions."
"Deacons possesses a well-established market profile, principally in retail and hedge funds. Deacons is well regarded in the market for expertise in fund regulatory issues."
Notable Practitioners
Jeremy Lam heads the practice and possesses a well-established market profile based on his acumen in the open-end fund sub-markets, principally hedge and retail funds. He is well regarded in the market for his expertise in fund regulatory issues.
"He is one of the better regulatory lawyers in Hong Kong."
"Jeremy is a reputable legal adviser."
Taylor Hui stands out for his knowledge of registered fund regulatory procedures, and is regularly instructed to handle retail and hedge fund launches. He is also well regarded for his expertise in handling private equity fund formation.
Alwyn Li has an active practice facilitating retail funds such as unit trusts and debt funds. He is knowledgeable about SFC authorisation and maintenance requirements. He is well versed in both thematic and multi-asset funds.
"He is very knowledgeable about the investment fund space. He knows all the ins and outs of fund authorisation. Alwyn is a trusted partner."
Ranked Lawyers at
Deacons
China