Dalton China Fund Up 25%

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.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of