Martin Currie shuts decade-old China Hedge Fund
The UK firm’s China long/short equity strategy – which at one stage returned about 16% annually – reaches an end after a tumultuous recent history, shuttering with less than $10 million in AUM.
Martin Currie is closing its China Hedge Fund, marking the end of a once well-performing strategy after the firm was hit with $14 million in fines from US and UK regulators this year for failing to manage a conflict of interest between two clients.
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