Not sure why this fund has entered the picture other than to say...

Not sure why this fund has entered the picture other than to say they got a bargain at 11.5 c and have a posted good returns through the carnage of 2008. Below is a bit of info on the fund which generally only invests in China..


June 2009 Newsletter

Detailed knowledge of the Chinese story is vital for Frederic Durr and Julien Moulin, which means they must operate like private equity investors in their approach to company research
Hedge fund managers can debate endlessly about the relative merits of being close to or far from the markets they invest in. For the founders of Maoming Investments though, there was no doubt that proximity to the market was what would give them an edge. So far, they are right. As of 15 June 2009 the fund has achieved a return of 10.6% for the year and an average annualised performance of 23%.


Frederic Durr and Julien Moulin

The Maoming Fund focuses exclusively on China plays and overseas companies that are totally reliant on China. The only way to counteract investor unease about the quality of information they were getting about China from the outside was to be based at...