Tuesday, 1 September 2015
Last updated 5 hours ago
Oct 12 2010 | 1:50pm ET
Janchor Partners, the hedge fund launched this year by the former Asia chief at The Children's Investment Fund, continued its strong rookie season with a big third quarter.
The firm's Janchor Pan Asian Fund is up 21% through September, Bloomberg News reports. The big returns have also helped the firm, headed by John Ho, double its assets under management on the quarter.
Janchor now manages US$200 million, up from US$100 million at the end of June. The Hong Kong-based firm launched the fund in January with US$40 million.
Janchor also more than doubled its year-to-date returns during the second quarter. Through the year's first six months, the long/short fund was up 9.9%. The fund rose 6% in September alone.
The growth of the fund has led Ho to stop accepting new money into its one-year lockup share class. Investors must now choose between a two-year and a three-year lockup; some 70% of the fund's assets are in the latter.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…