Hedge Funds

Stratton Street offers two more currency classes for Renminbi bonds

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Stratton Street Capital LLP has added two further currency classes to its $93 million Renminbi Bond Fund.

The new currency classes are split into two further sub-classes, one for advisors and wealth managers and a separate sub-class for institutional investors, in a bid to widen distribution of the fund.

The fund increased in size from $47 million at the start of 2011 to $93 million by the end of the year. Investors saw a return of 9.73% on the US dollar class, which is much higher compared with the 1.367% return of the HSBC Offshore Renminbi Bond Index