Early Pandemic Bets Paid Off Big for a Few Asia Hedge Funds
- Anatole, Aspex, CloudAlpha, Franchise among winners this year
- Asia funds on track to beat global peers 8th time in 12 years
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A few Asia-based hedge funds benefited from early insight into the pandemic’s impact to post outsized gains this year, while regional peers are on track to outperform global funds for the eighth time in 12 years.
Funds overseen by Anatole Investment Management Ltd., Aspex Management (HK) Ltd., CloudAlpha Capital Management Ltd. and Franchise Capital returned more than 50% this year to the end of August, making money on bets ranging from electric cars to e-commerce, while some shorted hard-hit tourism sectors.