China hedge fund beats the pessimists
Hedge fund managers at Triskele are on the prowl to grow assets after positive returns this year, courtesy of active exposure management, have confounded the general China gloom.
It has not been an easy year for China-themed hedge funds. Many are looking up at former dizzying high-water marks and wondering when the tides will ever stop receding in order to give them a chance at copping performance fees again.The Triskele China fund is one of the better performers. In the 12 months to end-May, the fund rose 55.1%, outperforming the MSCI China indexÆs 29.5% gain.The CEO of Triskele is Otto Chan, who has previously been head of Hong Kong and China sales at HSBC, …
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