Chinese Exposure Helps, Hurts Hedge Funds On HSBC Performance List

While hedge funds shorting the Chinese Yuan and the stock market has been the Cause celebre among hedge fund investors, performance of some of China’s hedge funds, those that dotted the HSBC weekly hedge fund performance list when the stock market was rising, are now apparent on the bottom 20 performance list. Chinese hedge funds hit hard by Chinese exposure as familiar names on the list The Quam China Focus Segregated Portfolio, which was on the top of the HSBC weekly performance list as of May 31, 2015, a time when the fund was delivering investors near 60% year to…