Richland takes cue from strengthening Hong Kong dollar

Thu Nov 22, 2012

Read more:




The $70 million Richland Absolute Return Fund delivered a robust 4.39% gain in October after shifting its focus to catalyst-driven, short- term trading, in reaction to the strong inflow of money into the Hong Kong market as reflected in the strengthening of the Hong Kong currency. 
The fund has generated positive returns every year since it was launched six years ago. It has delivered an annualised return of 13.17% with a Sharpe ratio of 1.63 since launch, and is up 7.56% year-to-date.

Portfolio manager Alex...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI