Bloomberg – Golden China Fund, the best-performing hedge fund investing in the nation over 10 years, exceeded $1 billion in assets for the first time with bets on financial, real estate and technology stocks.
The fund, managed by Greenwoods Asset Management Ltd. founder George Jiang, had $1.1 billion in assets at the end of August, said Joseph Zeng, Hong Kong (700) office head of the Shanghai-based company. The first time it crossed the $1 billion mark on a month-end basis was in July, he added.
