Hedge Funds

Tough lessons for Greenwoods


Last year took a big bite out of performance, but the Golden China Fund team plans even more thorough analysis in the search for opportunities on both the long and the short side

Greenwoods Asset Management's Golden China Fund may have picked up an AsiaHedge Award for its stellar 2007 performance, but it found 2008 just as challenging - and humbling - as any other China fund manager. However, with tough market conditions came some valuable lessons for the China value investing house on how to adapt to uncertain times.