Mon, Jan 26, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Quest’s Thai fund soars over $250m benchmark with 24% return in seven weeks

Thursday, February 21, 2013

By Beverly Chandler, Opalesque London:

Doug Barnett, president of Quest Management Inc reports that his Thai Focused Equity Fund is up 23.8% in the first seven weeks of 2013, putting assets in the fund up over its $250m benchmark. As a result, Barnett is moving to dealing D class shares from March 1st, with a 1% and 20% fee structure over a high water mark and on a six month, rather than three month, notice period only.

Barnett describes his fund as niche but celebrates his out performance of Warren Buffett. In an interview with Opalesque’s Asia Pacific Intelligence in November, Barnett explained that his slogan is: "If you have $1bn to invest, you have to go with Warren. If you have $100,000 to $20m to invest, you should invest in the Thai Focused Equity Fund".

Barnett has spent 23 years investing in Thailand and achieved an IRR of 16.7% over 22 years against Buffett's 14.7%, while over 14.7 years, Quest gained 15% against Buffett's 7.3%. However, Barnett’s fund is big for its local market, Thailand, where the entire market capitalisation is $200bn, the size of a good sized US company.

Interviewed on Opalesque TV in May 2011, Barnett was celebrating, at that time, achieving a 3111%......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Druckenmiller alums at PointState make $1 billion on oil, Andurand Capital sees oil sliding to $40[more]

    Druckenmiller alums at PointState make $1 billion on oil From Bloomberg.com: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction. “We believe crude oil is going lower -- much lower,” Schreiber, 42, told the audienc

  2. Investing - David Einhorn discloses a new position in Time Warner, Canyon trimming bets on mortgage bonds after making $7bn[more]

    David Einhorn discloses a new position in Time Warner From FTLeavenworthlamp.com: …Einhorn also disclosed a new position in Time Warner. "Since 2009, TWX has refocused its business into a collection of high quality assets including basic cable networks (Turner and CNN), a movie studio (

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r