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Sharp Peak shuts Asia Hedge Fund after less than 1 Year
 
  MH - THU, SEP 27 2012
Funds & Investment    

Reuters reports that Hong Kong-based Sharp Peak Capital is shutting down its hedge fund after double digit losses since its launch in October last year, a source with direct knowledge of the matter said, expanding the list of closures this year in Asia.



   

The Sharp Peak Vega Fund, a volatility hedge fund which sought to profit from price swings in Asian securities, had lost 15.5 percent up to end of July this year and 21.5 percent since the launch.

 
 
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