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Aug Hedge Fund Performance Stats Comes In & Trends Emerge

by valuewalk.com posted 3years ago 13171 views
If one wants to understand the dramatic wealth transfer that has taken place recently, look no further than hedge fund’s with exposure to China. The Quam China focus Fund, with $110 million managed by Chris Choy, has had quite a head-spinning year. It wasn’t long ago, May 31st to be exact, when the fund was up 59.71 percent on the year. The performance wheels started to come off in June and July and in three months those investor gains were gone, vaporized by a dangerous spat of selling in China’s free markets. The fund moderated losses in August, down -2.71...