| 01.08.2008 Performance: Opalesque Exclusive: QBridge China Fund continues uptrend in Q2 (6.64% YTD), Sprott posts net income of C$11.4m ($11.1m), sticks to resource stocks, Soros successors Thiel (up 47% YTD), Howard prove global bears rule markets, Meadowbrook`s beta neutral strategy minimizes market risk – interview, Lipper: Hedge funds` performance paused in June |
| Opalesque Exclusive: QBridge China Fund continues uptrend in Q2 (6.64% YTD)
The QBridge NAV increased 1.0% (est.) in June 2008 driven by NPL recoveries totaling $3.4mm and offset by a write down of $0.7mm.
The write down is primarily on a key borrower in the manager’s Handan portfolio, of which the financial situation has deteriorated since the portfolio acquisition. The write down is con |
| Article source: http://online.wsj.com/article/BT-CO-20080731-715299.html - Opalesque is not responsible for the content of external internet sites |