(Bloomberg) F&H Fund Management, the asset manager co-founded by the former chief technology officer of Alibaba Group Holding Ltd., is so bearish on stocks in China that it is opening its hedge fund to outside investors.The FengHe Asia Fund is seeking to more than triple assets to $300 million by the end of next year from $80 million currently, said Matt Hu, a former portfolio manager at China Securities Ltd. who started Singapore-based F&H in 2010 with John Wu, the 19th person hired by Jack Ma’s e-commerce company Alibaba.
Asia Hedge Fund Started by Ex-Alibaba’s Wu Is Bearish on China
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