Asia’s Best-Performing Macro Hedge Fund Hits $1 Billion Mark
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Quantedge Global Fund, Asia’s best-performing macro hedge fund, said it has increased its assets to more than $1 billion, joining the ranks of the region’s biggest funds.
Quantedge, which started with $3 million in October 2006, has increased its assets under management to $1.05 billion at the end of June, the fund’s Singapore-based management company Quantedge Capital Pte said yesterday in an e-mailed response to queries by Bloomberg News.