Persistent Asset gunning for 2011 grand slam for FOHFs

The $1 billion fund-of-hedge-funds company Persistent Asset looks like upholding its record of never having had a down year for its flagship funds Persistent Edge Asia Partners and Persistent Edge China Partners. This year also looks like being a positive one for its third product, Persistent Edge Global Partners. (Except for a seven basis point drawdown for that fund in 2009, it too would have been in the black for every year of its existence). In 2011, the China product is up …