After riding a market boom, Greater China-focused funds crashed to earth with the stock rout in July, their worst month since September 2011. By Bei Hu
Sat, Aug 15, 2015 - 5:50 AM
NO RESPITE: Signs of an economic slowdown in China contributed to a selloff that wiped as much as US$4 trillion off the country's stock-market value since mid-June and caused a 14 per cent plunge in the benchmark Shanghai Composite Index last month.
WHAT China giveth, China taketh away.
After riding a market boom to return almost six times the global industry average in the first five months of this year, Greater China-focused hedge funds crashed to earth with the stock rout in July, their worst month since September...