Chapter 68: Recruiting Troops (1)

After the establishment of Tianyu International Capital Management Co., Ltd., the initial financing reached 1.2 billion US dollars, of which the largest investor was Skyline International Holdings Co., Ltd., which invested 1 billion US dollars in a lump sum. In addition, Liao Chengde invested $50 million, an investment company from eastern Guangdong invested $50 million, and Andrew invested $10 million. The remaining $90 million was raised from other sources, and it is important to note that these credits are not open to the public.

After the establishment of Tianyu International Capital Management Co., Ltd., to Zhong Shi's surprise, the first person to come to the door was HSBC's private banking division. Private banking is a department that specializes in managing wealth for the wealthy, and the direction of investment is not limited to the capital market, as long as it is a field that can make money, they are the target of their attention, and private banking plays a role in wealth management in this process.

The reason why HSBC's private bank is eyeing him is probably because he learned from the brokerage channel that his return in the crude oil futures market has reached 45% in more than a month, which is enough to satisfy most investors.

In fact, Zhongshi used less than 300 million yuan, and the actual rate of return exceeded 100%, but these outsiders have no good access to these data.

Zhong Shi looked at Zhou Yufang in front of him, and he couldn't cry or laugh a little: "Miss Zhou came to visit this time, I don't know what it was for?" ”

"What, Mr. Zhong doesn't welcome me?" Zhou Yufang graduated from the London School of Economics and Political Science in the United Kingdom, studying economic law, and is very sharp. During this time, he had frequent contact with Zhong Shi and the Zhong Yi brothers, and even went to their home twice. Zhong Shi occasionally heard his mother Liu Lan say that Fu Hong's impression of her was very good, it seems that this woman is still very scheming, but her purpose is too strong, but Zhong Yi is now a big boss, if you can get along, you can still try it first.

This is a high-end office building selected by Li Mingyang, located on the top floor of a 35-storey office building in Central, from which you can see the beautiful scenery of Victoria Harbour in the distance. Coincidentally. The owner of this building turned out to be Huade Real Estate. In other words, it is also an industry owned by Zhongshi.

Zhong Shi, the board of directors of Huade Real Estate, has never appeared, and basically likes to exercise the rights of chairman on his behalf, but everything is agreed and authorized by Zhong Shi. These days, the focus of Huade Real Estate has begun to shift to the real estate market in the mainland, frequently acquiring land in Yanjing and the offshore shore. Preparing to build a high-end office building.

Here the decoration is ready-made. With a little cleanup, you can be stationed. Zhongshi is very satisfied with the location and office environment. His asset management company has already applied for services in Hong Kong, and as long as the license is obtained, he can carry out investment activities in an open and honest manner.

Watch busy workers come and go, carrying heavy computers and desks into the room. Zhou Yufang felt a burst of surprise. As far as she knew, computers were far from being popularized, and ordinary funds would not use them on a large scale, but of course, these things were more commonly used by their American counterparts, and perhaps the teenager in front of her learned them from there.

"Mr. Zhong, I am here on behalf of the private bank to sign an agreement with you on the entrusted investment." Zhou Yufang straightened his face and said very seriously.

Zhong Shi was stunned for a moment, and then looked at the conference room behind her, and sure enough, there was a middle-aged man in a suit and leather shoes, who was carefully holding the entrustment agreement and looking at it word by word, thinking that it was a role such as a legal adviser.

"Alright! Let me briefly introduce to you, we have five funds planned here, three of which are mainly equity investments and do not use too high leverage. In addition to this, there are two hedge funds, one for global macro strategy and one for commodities, which only accept investments from internal employees. Zhong Shi winked at Zhou Yufang, and then confessed, "The following things will be introduced to you by Brother Yi, I'm sorry, I still have a meeting." ”

Zhong Zhizhong, who had just come out of the conference room, waved his hand to him, then walked over to Zhou Yufang and continued: "Miss Zhou, let's go to the conference room here to talk in detail......

The recruitment process has been carried out in an orderly manner, with an annual salary of $100,000 plus a year-end dividend and internal staff shares, and they have indeed recruited a number of excellent analysts from the Hong Kong branch of the financial institution during this time. In addition to the monetary aspect, Zhong Shi also deliberately added a clause to the conditions for headhunters: if there is an analyst who wants to set up another business, the company may consider investing some of the funds.

There is no analyst who does not want to set up their own fund, and this is the consensus of almost all analysts. After all, it is far better to operate the salary and dividends yourself, because even if a fund with only $10 million in funds and 1% of the annual management fee, there is a guaranteed income of $100,000.

Today's interview is a white man, his name is Maxim, is a tall man about 1.85 meters tall, according to the information on the resume, he used to work for a hedge fund in Tokyo, has considerable experience in the Japanese stock market, in addition, he also made a lot of money by shorting the Nikkei when the Nikkei turned down, but then the manager had no intention of operating again, and he came to Hong Kong after disbanding the fund.

The first two rounds of interviews were conducted by Andrew and Zhongyi, which tested his trading experience and economic knowledge respectively, and I believe that being able to come here has already shown his strength.

"Mr. Maxim, if you had $10 million in capital now, would you invest in our fund?" Zhong Shi walked in, first looked at Maxim's resume for a moment, and then asked his first question in Maxim's surprised gaze.

"This?" Maxim was stunned. He was one of the traders who beat the Japanese consortium in Singapore's Nikkei market, and after receiving a dividend of $10 million, he left Japan to wander aimlessly, living a drunken life all day long, and soon half of the money was spent. When he realized the current situation, he began to look for a job again. Japan is naturally the first choice, but the Japanese economy has been sluggish in recent years, and he is not willing to start as a trader again, so he came to Hong Kong to try his luck.

When he came here, he found out that this was a newly established capital management company, and to his surprise, the management of this company was younger than the other, and even in the third round, a young man who didn't know if he had reached adulthood came in, which made him feel very puzzled. But when the person in front of him threw out the first question, he understood that the young man in front of him was not simple.

Moral hazard has always been a difficult problem in management, for example, in finance, a fund manager uses his information advantage in holdings to act as a rat trap, which can easily make investors suffer losses. There are a number of ways to resolve this situation, the most common of which is to bundle the interests of the manager with the interests of the fund as a whole, so that both parties are in solidarity and moral hazard is avoided.

The subtext of what Zhong Shi said was this, and Maxim knew it, but it was difficult to convince him that he was going to put some of his money into the fund, not to mention what the future returns would look like.

"Look at the lady outside, she's an employee from HSBC Private Bank, who invests in us on behalf of their in-house fund. Frankly speaking, our fund doesn't want to accept too much external funding, leaving less than $100 million in investment from the outside world, including the investment quota reserved for internal employees. ”

"The initial funding size of the upcoming Tianyu Japan is US$100 million, and it is expected to be co-led by three fund managers, with the other funds similar. Only two funds, X-Spatial Global Macro and X-Spatial Commodities, accept in-house employee investments, while the others do not accept investments at all. ”

Maxim's face changed for a while, and then he made up his mind: "Mr. Zhong, I have a million US dollars of capital here, which is invested in global macro and commodities respectively. I just don't know, who is in charge of these two funds? When he heard about global macro and commodities, he knew that these two were hedge funds, and the young man in front of him only accepted internal staff investment, in addition to winning people's hearts, how could it not be a sign of confidence!

"Who's in charge? Naturally, it's me! Zhong Shi Haha smiled, and he did not shy away from telling the basic situation of these two funds.

After hearing Zhong Shi admit that he would personally be in charge of the two funds, Maxim exclaimed in surprise, but the words he said obviously could not be taken back, and he could only hope that he had not looked away.

At this moment, there was a knock on the door outside the conference room, and then Andrew walked in, looked at Maxim, who was still a little dazed, Zhong Shi understood, and said: "This Mr. Maxim is already a member of our company, if you have anything, just tell me directly!" ”

"The brokerage channels have been done, and there are exchanges such as LME, NYMEX, CME, SIMEX, IPE, etc. In addition to these, Nomura Securities has also opened an account in the Japanese capital market, and the market in other countries is mainly HSBC, some of which are Standard Chartered brokers, and several foreign exchange houses. Andrew glanced at Maxim and recounted the circumstances of the account opening, and then handed over a piece of paper with the information and passwords for the accounts.

Zhong Shi only glanced at it slightly, and then handed the paper back: "Pass these things to the backstage, and ask Mike to set up a permission for everyone, and each fund can only use the brokerage channel of stocks and related indices." After a pause, he continued, "The funds of my two funds can go through all the channels. ”

Maxim, who had been silent on the side, was already stunned, what kind of company is this, almost all the major exchanges have opened brokerage channels, is he going to do all the financial varieties? (To be continued......)

PS: Thank you very much for letting me think about it, feixingwang's tip!