HONG KONG: Auroville Investment Management’s global stock hedge fund rose more than 10% in its first 4½ months of trading after profiting from smaller, lesser-known stocks, said a person with knowledge of the matter.
The Asia-focused fund, run by Amar Anand, was bolstered by picks including Chinese pharma company Wuxi Biologics Cayman Inc, e-commerce platform provider Baozun Inc and India’s Yes Bank Ltd, said the person, who asked not to be identified because the details haven’t been publicly disclosed.
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