(Reuters) Alibaba, Tencent and AAC Technologies helped Hong Kong-based Oceanwide Asset Management make gains of 43 percent last year in its China equities hedge fund. Selective stock-picking by Oceanwide’s team led to the long-short strategy becoming the top-performing fund in 2017, according to a list compiled by HSBC.
Human-Run Hedge Funds Emerge as 2017 Victor Against Machines
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