The UK firm’s China long/short equity strategy – which at one stage returned about 16% annually – reaches an end after a tumultuous recent history, shuttering with less than $10 million in AUM.
Tag : chris ruffle
Singapore-based APS Asset Management will make its China equity strategy available to Martin Currie’s global clients.
Portfolio manager Chris Ruffle will leave Martin Currie due to a conflict of interest over a convertible bond investment. Meanwhile, the firm is searching for three new executives.