Canning Park sees strong start for Asia long/short strategy


Jason Rich
David Thompson
Sydney-based Canning Park Capital, an Asia including Japan long/short strategy run by former AlphaGen Capella and Goldman Sachs veterans, has generated a strong 19% return in its first 10 months of trading, following a low-profile start in September 2010.

The gains were mostly accrued from trading large cap names in Hong Kong, Korea, China and Australia. Portfolio managers David Thompson and Jason Rich differentiate the strategy by adopting an active and disciplined trading approach combined with fundamental, bottom-up stock picking, with the idea of keeping gross exposure low