(Bloomberg)In a hedge fund industry plagued by lackluster performance and the biggest outflows since 2009, Benjamin Fuchs stands out. From his office next door to hawkers of pigs’ feet and live chickens in Hong Kong, the founder of BFAM Partners has steered his $1.8 billion Asia fund to nine straight months of positive returns and boosted assets under management by $650 million since July 1. While hedge fund titans from Daniel Loeb to Steven A. Cohen lament crowded bets and a lack of talent, Fuchs has thrived with a contrarian approach that often puts him on the right side of his peers’ losing trades.
As Hedge Funds Reel, One Hong Kong Firm Is Thriving
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