ICH pulls Phoenix, citing poor appetite

Wed Apr 18, 2012

A fund ran by a former manager from the Singapore Government Investment Corp (GIC) has shut down two years after launching.

Singapore-based ICH Asset Management’s Asia Phoenix Absolute Return Fund, a Cayman-registered long/short equity fund that invested in markets across Asia (excluding Japan), recorded an 8.29% loss in 2011, following a 5.5% return in the 10...

ISSN: 2151-1845 / CDC10004H

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