Hong Kong SFC has approved the second upgrade of Frontier Rational Capital flagship fund

According to the Hong Kong Economic Daily, the Hong Kong Securities Regulatory Commission has approved the second upgrade (Uplift) of the flagship fund (Flagship Fund SP) of Frontier Rational Capital Management Co., Ltd. The return-oriented cryptocurrency hedge fund not only has a wide range of investment targets, but also can trade the top 100 currencies with liquidity, and can also use leverage and trade encrypted financial derivatives. Foresight News noted that Frontier Rational Capital is the fourth virtual asset management company approved by the Hong Kong Securities Regulatory Commission. According to NilssonHedge data, the company’s flagship fund, ForeElite Flagship Fund, was established in March 2022, and its return in 2022 ranks among the top three, with approximately 9.2% positively returning net income and still paying around HK$70m in dividends to shareholders at the end of 2022.