WSJ – Hong Kong hedge-fund firm Azentus Capital Management Ltd., run by former Goldman Sachs Group Inc. proprietary trader Morgan Sze, bounced back in the second quarter after a “difficult” start to the year, according to an investor letter seen by The Wall Street Journal.
The multi-strategy Azentus Global Opportunities Master Fund returned 2.29% net of fees in the second quarter, according to a letter that was circulated Thursday to investors. It remains down 3.28% year-to-date, however, after sliding more than 5% in the first quarter. By comparison, the MSCI Asia ex-Japan stock index was up 3.1% in the first half of 2014.
