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PMA Investment Advisors Limited (PMA), one of Asia’s leading hedge fund managers, has announced today the results for its Temple and Harvester Funds.
The Harvester Fund, PMA’s flagship macro fund that focuses on FX & Rates, has to date delivered annualized returns of over 20%, uncorrelated to market movements. In August alone, the fund was up 4.46%, bringing its year-to-date return to 13.67%. Shin Hong Liu, FX & Rates Chief Investment Officer (CIO), attributes this success to extensive on-the-ground knowledge and understanding of the markets in Asia, saying, “We like to focus on asymmetric payoff trade opportunities, and remain conscious of risk in our macro environment.”
PMA’s credit strategies are also in positive territory, despite difficult market conditions, owing to a disciplined investment style and one of the most experienced portfolio management teams in Asia. Under the credit strategy, the Temple Fund was up 0.85% in August, bringing its year-to-date return to 10.41%.
PMA was established in July 2002 and is internationally recognized as one of the leading Asia-based institutional hedge fund platforms. PMA is headquartered in Hong Kong with offices in Sydney, Dubai and London. A team of 70 professionals manages USD2.5bn of assets on behalf of global institutional investors by providing them access to three core alternative investment strategies – Equity Long/Short, Credit and Asian FX & Rates. tabars@pmaia.com....................... To view our full article Click here
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