Year-to-date returns at star trader Charlie Chan’s macro fund Splendid Asia remain above 20%, putting the fund in a strong position to attract new inflows.
Chan, who is considered one of the more accomplished credit traders in the region, is understood to be now managing $60 million through the fund.
He seeded the macro fund together with two other partners that joined him at his firm, Charlie Chan Capital Partners. Both partners were from his investment team at former employer Credit Suisse.
The fund, which launched in December 2011, had its best month yet in January this year