SHK Latitude Alpha
SHK's hedge fund program built and established since 2017 and launched for external investors in July 2021 as SHK Latitude Alpha.
Investment Strategy and Focus:
A diverse portfolio of hedge fund managers pursuing a broad range of strategies globally, aimed at generating superior risk-adjusted returns through market cycles.
Performance Goal and Objective:
Targets double-digit returns in stable environments while protecting capital during market stress.
Source “Better Returns and Better Terms” by selecting outperforming managers with favourable terms.
Manager Selection and Investment Process:
Screens over 15,000 hedge funds to maintain a group of 600+ actively tracked funds.
The team evaluates a broad range of hedge fund opportunities, investing in about 20 to 25 skilled managers excelling in security selection, risk management, and trading.
Conducts extensive due diligence to ensure strong risk management, including investments in many funds closed to new investors.
Risk Management and Liquidity Advantage:
Focuses on controlling market exposure and minimizing tail risks to reduce investment volatility.
Identifies top-tier managers offering monthly or quarterly liquidity, unlike those requiring 2 to 5-year investment horizons.
Allen Sing is the portfolio manager of SHK Latitude Alpha, bringing over 23 years of hedge fund research and allocation experience. He leads a team of seasoned analysts specializing in Investment and Operational Due Diligence, with other functions supported by experts from both SHK Capital Partners and SHK & Co.
As Chief Investment Officer of Sun Hung Kai Capital Partners, Allen has 30 years in the investment industry, including 23 years as a hedge fund investor. He previously managed the global hedge fund portfolio at CITIC Securities and spent 15 years at SAIL Advisors, overseeing a USD 1.5 billion portfolio for Robert W. Miller, founder of Duty Free Shopping. His responsibilities included portfolio and risk management, as well as leading due diligence teams.
Allen began his career in Morgan Stanley’s equity capital markets division in 1995. He holds a B.A. from Brown University and is an alumnus of Harvard Business School’s General Management Program.
After the US Fed's restrictive rate hikes, capital markets are now driven by fundamentals, improving security selection opportunities.
The market environment is increasingly volatile due to geopolitical tensions and stagflation concerns.
In this climate, generating steady returns with liquidity offers a valuable alternative for investors.
Key Differentiators of SHK Capital Partners
SHK Capital Partners (SHKCP) is the asset management division of Sun Hung Kai & Co. (“SHK & Co.”), a listed Hong Kong company with origins dating back to 1969.
SHK & Co. has invested over USD 2.0 bn of proprietary capital in alternative assets, including hedge funds, private equity, and private credit, as of December 2024.
With a well-resourced team of over 70 employees, SHK & Co. is led by a visionary management team committed to establishing itself as a leading alternative asset management firm in Asia.
Outperformance: Our single hedge funds and fund of funds consistently outperform related hedge fund indices.
Top Manager Selection: We focus on identifying leading hedge fund managers worldwide, including access to closed funds and favorable fee structures.
Substantial Investment: SHK invests significant assets in the products offered to its clients.
Responsible Management: We manage the capital of SHKCP and like-minded investors with a high degree of care, prioritizing sound risk management.
Core Values
Risk management occurs before, during and after the allocation process. Investment goals prioritize risk management, followed by generation of returns
Sourcing managers globally with excellent returns that happen to have favorable terms is the focus area.
Extensive research is carried out to corroborate, vet and verify information about investment managers.
2023 + 2024 Manager Research Activity and Results
600 shortlisted funds out of 15,000+ active hedge funds
305 prospective managers interviewed
Due diligence on 27 managers
14 Newly
Invested