Reuters – Charlie Chan’s Splendid Asia macro hedge fund is living up to its name, with the former Credit Suisse trader putting his returns at 60 percent this year as bets on real estate investment trusts (REIT), bonds and currencies pay off.
It’s on a different scale to his previous role at the Swiss bank, where Chan’s 25-year-plus career culminated in him heading a team running portfolios of over $10 billion. For Splendid Asia, 53-year-old Chan is managing a relatively small $80 million, about half of which is his own money.
