Aug
10
Marco Polo Hedge Fund Sees Year-End China Rally After Wild Ride
ByMarco Polo Pure Asset Management’s Aaron Boesky, whose top-ranked China hedge fund has been whipsawed by volatility in the stock market, is anticipating a fourth-quarter rally driven by government stimulus.
Marco Polo Pure China Fund, which manages about $100 million, slumped an estimated 13 percent in July, bringing its year-to-date return to about 28 percent. The fund had returned 53 percent in the first five months of 2015, twice as much as peers tracked by the Eurekahedge index and ranking as among the best performers in the region…
Marco Polo Hedge Fund Sees Year-End China Rally After Wild Ride