Brilliance Capital

What Brilliance Capital does

Brilliance Asset Management Limited, operating under the brand Brilliance Capital, is a Hong Kong-domiciled, privately held equity investment manager licensed by the Hong Kong Securities and Futures Commission for Type 9 (asset management) regulated activity and restricted by that license to servicing Professional Investors only. The firm combines top-down macro analysis with bottom-up company research to invest in long-term structural winners across consumer, leisure and services, advanced manufacturing, cyclicals, and internet sectors, with portfolio construction spanning China A-shares, Hong Kong equities, and US ADRs. Its research team is stationed across mainland China and Hong Kong.

The firm's product set centers on the Brilliance China Core Long Short Fund, structured as a UCITS-compliant fund under the Brilliance Asset Management ICAV umbrella in Ireland, offering multiple share classes (A, B, C) denominated in EUR, GBP, USD, and JPY. Distribution is direct-to-institution, supported by country-specific investor supplements targeting Professional Investors in Hong Kong, Japan, Switzerland, the UK, Germany, and Singapore, and by SEC investment adviser registration enabling US advisory activity. The firm is also SFDR-compliant under EU Sustainable Finance Disclosure Regulation requirements.

The revenue model is asset management fees (subscription/recurring) charged on the fund; pricing is not publicly disclosed and the firm does not engage in retail or digital marketing. The firm operates from a single headquarters at Two Pacific Place in Admiralty, Hong Kong, with a headcount of 11–50, and reports no parent, subsidiary, funding, acquisition, partnership, or leadership-change history in available materials.

Name

Brilliance Capital

Legal name

Brilliance Asset Management Limited

Website

https://brilliancecap.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Brilliance Capital is a Hong Kong-based, SFC-licensed equity investment manager that runs the UCITS-compliant Brilliance China Core Long Short Fund for Professional Investors, investing across China A-shares, Hong Kong equities, and US ADRs.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro primary industry

Fundamental/Discretionary Equity Long/Short (FSAHAAAA)

akta.pro secondary industry

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

Keywords

• China equity investment
• Long short fund
• Asset management services
• UCITS fund management
• Hong Kong asset manager

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: Brilliance Asset Management Limited generates revenue through asset management fees charged for managing investment funds on behalf of professional investors. The firm manages the Brilliance China Core Long Short Fund and other UCITS-compliant funds, with multiple share classes available in EUR, GBP, USD, and JPY currencies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Brilliance Asset Management Limited is an equity investment manager that combines top-down macro industry analysis with bottom-up company research to manage long-short China equity strategies. It invests in consumer, leisure and services, advanced manufacturing, cyclicals and internet sectors across China A-shares, Hong Kong equities and US ADRs, and distributes these strategies primarily through the Brilliance China Core Long Short Fund (a UCITS ICAV) to Professional Investors.

Product overview

Brilliance Asset Management Limited operates as a single unified investment management platform offering the Brilliance China Core Long Short Fund through the Brilliance Asset Management ICAV umbrella structure. The firm focuses on equity investments in China and Hong Kong markets, combining top-down macro analysis with bottom-up company research across consumer, leisure, services, advanced manufacturing, cyclicals, and internet sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Brilliance Asset Management ICAV: Irish authorised collective investment scheme umbrella structure under which the Brilliance China Core Long Short Fund operates
• Brilliance China Core Long Short Fund

Products and services

• Brilliance China Core Long Short Fund Long-short equity fund investing in China A-shares, Hong Kong equities and US ADRs across consumer, leisure and services, advanced manufacturing, cyclicals and internet sectors, distributed to Professional Investors via UCITS share classes and country-specific supplements.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Hopu Investments: Asia-based alternative investment firm with significant China equity and consumer-sector focus. Comparable China expertise, discretionary approach, and institutional LP base.
• Greenwoods Asset Management: Hong Kong-based asset manager specializing in China-focused long-short equity strategies. Highly comparable given shared geography, fundamental/discretionary approach, and Professional Investor focus.
• Value Partners Group: Hong Kong-listed asset manager with deep China equity expertise across long-only and absolute-return strategies. Comparable China focus, institutional client base, and Hong Kong domicile.

Emerging players

• China Renaissance Holdings: China-focused investment platform combining advisory and asset management. Comparable in China thematic investing, though with broader service offerings than pure-play asset management.

Broad incumbents

• Boyu Capital: Asia-focused alternative investment manager with deep China exposure across PE and public equities. Comparable China sector coverage and institutional LP base, though primarily PE-oriented.
• Hillhouse Capital: Asia-focused investment management firm with broad China exposure across public and private markets. Larger scale and broader mandate but overlapping China equity research capability.
• PAG (Pacific Alliance Group): Asia-focused alternative investment manager with significant Greater China exposure across hedge fund, private equity, and real estate strategies. Comparable institutional Hong Kong-anchored platform with multi-strategy alternatives focus.
• E Fund Management: One of China's largest asset managers with broad China equity and fixed-income offerings. Comparable China sector expertise and fund products, though vastly larger scale and retail-inclusive distribution.
• China Asset Management (ChinaAMC): Among China's earliest and largest mutual fund managers with extensive China A-share equity capabilities. Comparable China focus and UCITS-eligible product strategies, though at much greater scale.

Others

• Coatue Management: Global technology-focused long-short equity manager with meaningful China ADR exposure. Shares fundamental/discretionary long-short equity DNA but with US-centric mandate and significantly larger AUM.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/brilliancecapl

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brilliance Capital