Bloomberg – HT Capital Management, the Hong Kong-based investment firm run by the husband and wife team of Karl Hurst and Ophelia Tong, is shutting its hedge funds because of high operational costs and “disappointing performance.”
HT Capital will close down the $74.5 million HT Asian Catalyst Fund, which started trading in 2001, and the $95 million HT Asian Alpha Amoeba Fund, which it has run since April 2005. Both bet on rising and falling stocks in Asia.
