Friday, 22 August 2014
Last updated 8 hours ago
Apr 3 2008 | 2:00am ET
Marco Polo Pure Asset Management has launched a new hedge fund, allowing it to explore investments outside of the Chinese mainland.
The firm, whose US$170 million China Fund has enjoyed double-digit returns for the past two years, is set to begin trading its Pan-China Master Fund today.
The new fund, unlike its predecessor, will invest in Hong Kong-listed companies and China-related securities trading overseas, while the China Fund invests entirely in domestically-traded Chinese stocks. At launch, just about one-fifth of the Pan-China fund’s US$20 million in assets will be invested in the Chinese mainland.
The firm has another US$20 million in assets coming into the fund on May 1, and expects to add another US$10 million to that by June 1.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note