Singapore start-up launches small cap fund

May 13, 2004

Binjai Hill''s Asian Acorn Fund is an absolute return, long bias fund and its investment procedures are audited by a third party.

Binjai Hill, a Singapore-based hedge fund start up, is preparing to launch its equity long/short Asian small cap fund. The aptly named Asian Acorn Fund is due to launch in mid June and will invest in small- and mid-cap stocks (between $250 to $1 billion in size) in Asia ex-Japan.

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