London-based emerging markets specialist fund manager Fabien Pictet and Partners has launched the Golden Asia fund, an Asia ex-Japan hedge fund, with seed assets from Jade Absolute Fund Managers, to be managed by Joon Ho Byun, currently a co-manager of the FPP Three Kingdoms Korea Fund. Additionally, Marcus Dodd, a director of Jade, has become a consultant to FPP. The fund will aim to achieve absolute return through investing in Asia ex-Japan equities and fixed income. It is a Cayman-registered Dublin-listed OEIC. Mr Byun said: “We believe that Asia will continue to be a source of growth as well as returns for the foreseeable future and should form an integral part of a diversified portfolio for institutional investors and high net worth individuals alike.”