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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…