Wednesday, 24 August 2016
Last updated 17 hours ago
Apr 9 2010 | 1:18am ET
Martin Currie’s China hedge fund has topped US$200 million in assets under management—quite enough, as far as the firm is concerned.
The hedge fund has been closed to new investments at US$203 million, Investment Week reports. The seven-year-old fund has enjoyed annualized returns of 16.2% since inception.
“For active equity managers, capacity matters,” Alastair Barrie, global head of hedge fund sales, told IM.
“We believe it is important to recognize capacity constraints and close funds where appropriate to ensure we continue to perform and protect the interests of our clients.”