|Leow Kah Shin|
In December, a small profit in equities and a decent return from its bond portfolio helped the Quantedge Global Fund to gain 0.24%. Although the month’s gains were moderated by losses in commodities and currencies, the fund still ended the year on a high note, up 32.27%. For the year as a whole, most of the fund’s gains came from its bond position, explains Quantedge Capital’s Leow Kah Shin. This was counterbalanced by small losses in equities, commodities and currencies.
The fund uses a systematic strategy, so the team do not need