The BFAM Asian Opportunities fund is down almost 10% so far in 2022 on the back of a 6.2% fall in March due to bets on China credit and the Russian ruble, according to a report by Bloomberg.
The BFAM Asian Opportunities fund is down almost 10% so far in 2022 on the back of a 6.2% fall in March due to bets on China credit and the Russian ruble, according to a report by Bloomberg.
In another setback for Hong Kong-based BFAM Partners, the firm set-up by former Lehman Brothers trader Benjamin Fuchs in 2012, assets under management via the multi-strategy fund have fallen to USD3.6 billion.
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