China equities should see 15% EPS growth, says Galaxy
Hong Kong-based Galaxy’s portfolio of hedge funds had a good 2010 and its managers are optimistic that the global recovery will continue, with inflation the chief risk.
The hedge funds managed by Hong Kong-based alternatives manager Galaxy Asset Management, headed by Joe Chan, were broadly up in 2010. Their estimated full-year returns are as follows.
Galaxy China Opportunities Fund = -3.74% Galaxy China Deep Value Fund = +21.94% Galaxy China Special Situations Fund = +30.34% Merchant Galaxy China Absolute Return UCITS Fund = +0.34%
Galaxy fund managers say they see positive economic signals for 2011. “In 2011, we believe the global economy will conti…
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