Flexibility and the ability to roll with the punches helped the AsiaHedge China Fund of the Year for 2009 to navigate stormy markets, ending October this year up nearly 50% year-to-date
There have been better times than late 2007 to set up a new hedge fund, but there have been worse times too.
Rolling into action in 2008, what ended up being a tumultuous year for markets at least gave the team behind the LBN China+ Opportunity Fund a good story to tell.
In the end, they pulled through the year up 10.98%, gained 47.76% year-to-date by the end of October 2009, and garnered the AsiaHedge Fund of the Year Award 2009 for best China fund along the way.
The chief investment officer who steered the fund through last year's treacherous waters is ex-Baring Asset Management (Asia) Ltd head of Hong Kong China Equities Lilian Co, who co-founded...