Opalesque Exclusive: Greenwoods: Better than expected PMI indicates economic rebound in China, as Golden China Fund is up 52% YTD

By the Opalesque Team: Greenwoods Asset Management, a China equity fund house based in Hong Kong, reported that its Golden China Fund, an equity Long/short fund focusing exclusively on China equities (H, B, and A shares, and ADRs) using bottom-up stock picking through thorough fundamental research, had returned 52.15% YTD (as of May 28, 2009, before fees), vs. 24.67% for the H-share index and 23.02% for the MSCI China Free Index. The fund has annualised 32.25% from July-04 to May-09.

 

Full Story:  http://www.opalesque.com/52557/Greenwoods_Better_than_expected_PMI_indicates_economic557.html