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China orient Multi-Strategy Fund was nominated for AsiaHedge Awards 2014

On the evening of October 30th, the world’s largest hedge fund data provider HedgeFund Intelligence nominated China Orient Multi-Strategy Fund for the AsiaHedge Awards 2014 at the Island Shangri-La Hotel in Hong Kong. The results were based on the performance numbers for the full 12-month period that runs from September 2013 to the end of August 2014. Funds are categorized according to their strategies and geographic locations. China Orient Multi-Strategy Fund was nominated along with other 6 funds in the multi-strategy category. Asuka Opportunities Fund got the first place in the end.

 

Besides, another famous hedge fund data provider BarclayHedged awarded China Orient Multi-Strategy Fund as one of the Top 10 outstanding funds both for Emerging Markets Asia and Emerging Markets Equity-Asia.

 

China Orient Multi-Strategy Fund was established on January 3rd, 2013, with an initial asset scale of 233 million Hong Kong Dollars. By the end of October 2014, the net value of the fund reached 837 million Hong Kong Dollars, with an accumulated cash recovery of 245 million Hong Kong Dollars and an accumulated rate of return of 63.66%, 57.74 percentage points above the Hang Seng Index. Its annualized average rate of return reached 30.84%, 27.65 percentage points above the Hang Seng Index.