Sep
24
Asia’s Steadiest Hedge Fund Had August Gain for Perfect Record
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LH Asian Trade Finance Fund hasn’t ever had a losing month
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Hedge fund lends to companies that process commodities
The LH Asian Trade Finance Fund’s strategy of lending to commodity companies helped the hedge fund post the lowest price swings among peers in Asia and led to a gain in August, even as stocks, bonds and raw materials tumbled.
The hedge fund eked out a gain of 0.25 percent last month, maintaining a perfect record of monthly increases since it was started in September 2006, according to the firm. During the same period, global hedge funds recorded a loss in about one-third of the months, according to Eurekahedge Pte., which said the fund is the least volatile it has tracked in Asia over the past decade…
Asia’s Steadiest Hedge Fund Had August Gain for Perfect Record
