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Alternative Market Briefing

Top performing hedge fund Gondor Capital thinks Trump will be good for U.S. economy

Tuesday, January 10, 2017

Komfie Manalo, Opalesque Asia for New Managers:

Gondor Capital Management, the New York-based hedge fund manager, has had a good year in 2016. Portfolio Manager Vincent Au said that the firm's two hedge funds were both up: The domestic Gondor Partners LP posted a strong 26.53% in 2016 (+1.64% in December) while the offshore fund Gondor Funds LTD was up 26.85% during the same period (+1.78% in December).

"I have been consistent in employing the same strategy for both funds," Au told Opalesque. "I invest in U.S. listed equities with an options overlay. There wasn't any one [particular] area I focused on. The strength of my strategy is research as well as the execution. By being focused on only what I do best and not deviating has also been very beneficial."

Since inception in July 2013, the Gondor Partners LP and the Gondor Funds LTD generated 64.25% and 37.52% returns respectively.

Au believes there are two specific two internal factors that assisted in the growth of Gondor's funds in 2016. One is experience, Au said, and explained that every investment and trade he does has a lineage behind it.

"The trade I see and may execute today may have had the same elements of a prior trade which I recognize. That prior trade's result could have been a gain or a loss but there was a lesson to be learned and my responsibility is to retain that information. I absolutely b......................

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