Fortress Asia Covers JPY Shorts, Bullish On Alibaba.comVW Staff
Fortress Investment Group has done well in its Asian strategy, and the Fortress Asia Macro fund is up 12.8% through the first half of this year after adding a 0.8% return in last month, according to HSBC Hedge Weekly. Staying up in a period when most Asian emerging markets took a turn for the worse is impressive, and the fund was also up a brilliant 4.4% in May.
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