(Bloomberg) Jeff Emmanuel is breaking into the hedge-fund industry after a career spanning equity research, deal making and investment banking at Citigroup Inc. and UBS Group AG.
Emmanuel’s Hong Kong-based EFM Asset Management started trading a global stock fund on Nov. 11 with about $20 million of his own money and will open the pool to outside investors on Jan. 1, he said in a telephone interview. The fund will focus on companies that can sustain double-digit annual revenue growth. Instead of wagering against individual stocks, it will take bearish bets against equity indexes to protect against potential declines, Emmanuel said.
