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Alternative Market Briefing

Hong Kong hedge fund Triskele to shut down two funds

Thursday, January 10, 2013

From Komfie Manalo, Opalesque Asia – Citing poor returns and investor redemptions, Hong Kong-based hedge fund Triskele Capital Management Ltd., announced it would close down two hedge funds, the Triskele China Fund and the Triskele Convertible Bond Fund.

Triskele Chief Investment Officer Tsuyoshi Shiba told Bloomberg that assets fell to about $132m after peaking to over $600m. Triskele China, which focuses on equities, fell 8% in 2012. The $12m Triskele Convertible Fund will also be closed down despite generating positive returns because of its small siz......................

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