Second offshore offering will invest in high-growth stocks in green tech and consumption
DTC Investment Management has just launched its second offshore fund, investing in high-growth stocks in China in themes such as green technology and consumption upgrade. The fund is still in the asset-raising process and will start trading in a few weeks.
The firm's first offshore fund, a China-focused multi-strategy balanced fund, targets more stable returns. These two funds have about $100 million between them and DTC aims to build each out to $500 million asset size. DTC selectively sells short index futures and cyclical and high beta stocks for hedging purpose.