Anatole Hedge Fund Stems Losses After ‘Disastrous’ China Bets
- Fund managing $1.9 billion lost 22% in the first four months
- Anatole started to bargain hunt some China stocks in late 2021
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Anatole Investment Management Ltd.’s flagship hedge fund stabilized in April after the firm scaled back its bullish wagers on stocks.
The fund, which was hurt by bargain hunting for Chinese shares since late last year, dropped less than half a percentage point in April, according to people familiar with the matter who asked not to be named discussing private information. The fund has lost about 22% this year, the people said. It managed $1.9 billion as of March, one of the people said.