Two Sigma China Fund Surges in July as Quant Firm Taps Investors
- CTA fund up 6.3% last month, pushing firm near top of rankings
- Firm, among biggest foreign hedge funds, seeks more capital
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Two Sigma Investments LP is tapping investors for more cash after posting a record monthly gain for its flagship onshore China fund in July as rallies in commodities bolstered performance and left it near the top of returns rankings for this year.
The Juliang Macro Strategy No. 1 fund jumped 6.3% last month, led by wagers on futures such as soybean meal, according to people familiar with the matter, who asked not to be identified discussing private details. That drove this year’s gain on the managed futures fund to about 12%, they said.