Reuters on Friday (January 19) quoted people familiar with the matter, saying that the size of Qiaoshui Fund has doubled in the past year in China, further consolidating the status of Qiaoshui as China's largest foreign hedge fund.
Reuters reports that in the latest round of financing, the assets management of Bridge Water Fund are expected to be close to 40 billion yuan (the same, about S $ 7.63 billion), and the early 2023 was 20 billion yuanEssence
The above -mentioned persons said that despite the downturn in China's capital market throughout the year, Qiaoshui's "All WEATHER PLUS" has achieved a net return of 10.3%.The fund is a flagship product for RMB and is invested in stocks, bonds and commodities.
It is reported that the bridge water raised 2 billion yuan for an existing fund in January, and the demand was strong. Almost all fund units were sold within four days of the purchase period.
At present, the size of most foreign fund management companies in China is still less than 10 billion yuan.
