Cross-Asset Strategic Alpha Fund (CASAF), the first local wholesale hedge fund with a long-short investment strategy, delivered an attractive return of 8.17% for the first month after its launch on Sept 30.
The fund, which invests in multi-asset classes, is managed by Cross Light Capital Sdn Bhd, a boutique asset management firm located in Menara Ilham in Kuala Lumpur. The firm was licensed by the Securities Commission Malaysia in November last year to provide private mandate services to sophisticated investors.
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