Asia’s Steadiest Hedge Fund Had August Gain for Perfect Record

(Bloomberg) The LH Asian Trade Finance Fund’s strategy of lending to commodity companies helped the hedge fund post the lowest price swings among peers in Asia and led to a gain in August, even as stocks, bonds and raw materials tumbled.

The hedge fund eked out a gain of 0.25 percent last month, maintaining a perfect record of monthly increases since it was started in September 2006, according to the firm. During the same period, global hedge funds recorded a loss in about one-third of the months.

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