Theodore Shou, the chief investment officer of fund of hedge funds firm Skybound Capital, is optimistic that China-focused hedge funds will continue to outperform.
Hong Kong-based Shou told Forbes that despite the “negative news on China, [including] concerns of a financial crisis and a property bubble,” Skybound “see[s] abundant opportunities in China.”
China’s economy growth rate of over 7% provides a strong investment environment, as well as China-focused funds returning 15.91% in 2013 according to data released by investment database and technology solutions firm eVestment are strong indications of the sector performing well in the coming year.
Shou, referring to Chinese hedge funds’ out-performance, added that he believes “it is a natural outcome from the developments of the Chinese markets and its macro economy.”
Besides its presence in Hong Kong, Skybound has offices South Africa, London and Mauritius.