Lion Rock Global Asset Management, a subsidiary of Anx International (01410), is preparing to launch a Smart Beta Fund tracking a proprietary crypto index. The firm received Securities and Futures Commission (SFC) approval earlier this year to manage portfolios with up to 100% virtual asset exposure.
Key Advantages in Hong Kong's Crypto Market
1. Regulatory First-Mover Status
- Among fewer than five Hong Kong firms authorized for full virtual asset management
- SFC approval process evaluated company background, team expertise, and IT capabilities
- Parent company's cybersecurity specialization provides technological edge
2. Talent Combination Rare in Market
Strategy Director Raymond Ho emphasizes the challenge finding professionals with:
- Traditional asset management experience
- Deep cryptocurrency market knowledge
Investment Director Alex Siu transitioned from decade-long investment banking career to crypto hedge funds in 2017, gaining hands-on project evaluation skills.
Flagship Product: Axion Global Index Fund
Investment Strategy
👉 Track top 10 crypto assets by market cap using proprietary weighting methodology:
- Includes stablecoins and emerging cryptocurrencies
- Monthly rebalancing by expert team
- $100 million target AUM
Performance Highlights
| Period | Index Return | BTC Return |
|---|---|---|
| 12 Months | -18% | -18% |
| Since 2017 | 171x | Lower |
Market Outlook and Regulatory Perspective
Investor Access
- Currently limited to professional investors
- Ho expects gradual retail participation as market matures
Stablecoin Regulation
- Welcomes HKMA's proposed oversight framework
- Believes clear rules will boost institutional adoption
FAQ: Crypto Fund Essentials
Q: How does this differ from buying Bitcoin directly?
A: The diversified index historically outperformed BTC alone while reducing single-asset risk.
Q: What makes Lion Rock's team qualified?
A: Combines traditional finance credentials with hands-on crypto experience since 2017 market cycle.
Q: When will retail investors access such products?
A: Depends on regulatory evolution, but institutional-grade products pave the way for future retail options.