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Harbour Hedge Fund Gains 11% in August Betting on Unloved Stocks

(Bloomberg) – One Hong Kong-based based hedge fund returned 11 percent in August after bets on unpopular stocks paid off, as Asia-focused peers had the worst month in more than three years.

Last month’s returns extended the gain by Harbour Capital’s Asia ex-Japan equity long-short fund to nearly 27 percent so far this year, said Chief Operating Officer Geoffrey Chen.

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