Performance

Marble Bar rethinks Asia strategy post closure of Asia fund

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London-based Marble Bar Asset Management, the long/short-focused firm, is said to be examining the way forward for its Singapore office after the closure in June of its MBAM Pan-Asian Fund.

The Pan-Asian Fund, which primarily targeted regional large cap stocks, was liquidated, with money returned to investors. It had negative returns of -2.7% in May – the latest monthly figure supplied by to HedgeFund Intelligence– but with an annualised return of 8.16% since its 2004 inception.

The strategy was managed by CIO Jake Kee, who remains at the firm’s Singapore operation, along with a small support team, a source