Thursday, 27 November 2014
Last updated 1 day ago
Nov 25 2013 | 1:48pm ET
Dalton Investments' China-focused hedge fund has soared even amidst a slowdown in the world's largest country.
The Santa Monica, Calif.-based firm's Greater China Fund is up 25% this year, Bloomberg News reports. The fund is helmed by James Rosenwald and manages $64 million.
"We own a number of entrepreneurial-led companies where there is strong alignment of interests between the management and shareholders," Dalton co-manager Tony Hsu told Bloomberg. "At state-owned enterprises, the senior executives are placed into these management roles by the state and typically have no ownership in the companies they run."
Dalton's best bets have been on Hong Kong property developers and Taiwan's Himax Technologies, a microchip maker.
All told, Dalton has $2.6 billion in assets under management.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...