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From the Opalesque Team: It was reported last month that some emerging market fund managers believed there were good opportunities in Asian debt, and even in Asian distressed debt. And Artradis, RAB Capital, Cannizaro and Value Partners Group (the last two in Hong Kong) may launch Asian fixed income fund soon.
Well, Stratton Street Capital LLP's Asian Bond Fund is definitely benefiting from the current trend in this sector. It is now the number one ranked Asian fixed income fund according to data from Eurekahedge. The principal US dollar class reported a return of up 15.99% for the month and has gained 44.56% so far in 2008. The Fund also has a yen class of share.
The Fund invests in greater Asia, including East Asia, Central Asia, Middle East and Oceania in order to best capture the dynamic trends in the region whilst focusing on one of the fastest growing and least followed products in world markets- Asian fixed income.
According to Stratton Street, key to the performance has been the creation of a number of proprietary tools, including a relative value model for the region and a predictive model, to assist in determining value in normal markets, whilst warning against market dislocation before they occur. These have been particularly successful over the recent period.
Stratton Street Capital LLP, founded in August 2000, is based in the UK and specializes in Asian alternative investment funds. Corporate website:...................... To view our full article Click here
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