Stratton Street Plans US$1 Billion Chinese Bond Fund

Nov 6 2012 | 12:46pm ET

Stratton Street Capital has launched a UCITS-compliant hedge fund to invest in Chinese renminbi-denominated bonds, with hopes of raising US$1 billion.

The new fund, still subject to regulatory approval, aims to profit from an expected appreciation of the Chinese currency. Stratton Street has run a renminbi bond fund for six years, returning 28% over the past two years.

"It's very popular to say the renminbi is fully-valued," head of sales Andrew Clark told Wealth Manager. "But China is a creditor and creditor currencies are going up."


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...