Star hedge fund manager Adam Levinson expects the size of assets managed under the group’s Asia-focused macro fund “to grow substantially” by year-end from $235 million in the first half of the year.
Year-to-date, the Fortress Asia Macro Fund has delivered an 8.5% return, after a 1.5% net gain in July. The fund was launched in March last year and the bets it has made so far this year across asset classes, including currency,...