Economics

Property Shares Back In Favor With Top Hedge Fund

Property shares back in favor with top hedge fund

The top-performing China hedge fund has piled back into property shares, reviving a trade that propelled it to a 46 percent gain in the second half of 2014. Marco Polo Pure Asset Management has been buying developers, including Poly Real Estate Group Co and Beijing Capital Development Co. That same trade helped drive the fund’s gain…

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