(Bloomberg) The LH Asian Trade Finance Fund’s strategy of lending to commodity companies helped the hedge fund post the lowest price swings among peers in Asia and led to a gain in August, even as stocks, bonds and raw materials tumbled.
The hedge fund eked out a gain of 0.25 percent last month, maintaining a perfect record of monthly increases since it was started in September 2006, according to the firm. During the same period, global hedge funds recorded a loss in about one-third of the months.