Doric Capital steels itself for China's adjustments
Howard Wong of the equity long/short fund says being selective is the key to profiting in China markets, as future changes will benefit some sectors but not others.
Long-term growth may be a given in China, but the rate of change of that growth and the mix of where it is to be found will dictate how to make money in the markets, says Howard Wong, director of Hong Kong-based hedge fund Doric Capital.
Doric’s two hedge funds manage a total of around $120 million at present. These assets fell to around $27 million after Michael Nock retired in February last year. Nock is now primarily based in Australia, where he paints (pictures, not the garden fen…
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