| 09.08.2007 Opalesque Exclusive: Opalesque Exclusive: Pangolin returns 23.85% YTD, says Asia will decouple from the U.S. |
| The Pangolin Asia Fund was up 0.13% in July, 23.85% YTD and 59.56% since inception (2005). The fund is currently 91% invested in Indonesia, Malaysia and Singapore. The fund has been up in the last 13 months. James Hay, Pangolin’s fund manager communicated the following to investors: “The last couple of weeks have been rather unstable and I still suspect that stocks everywhere will be cheaper at so |
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