Mon, Jul 28, 2014
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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag