Investing in A Shares...

With the second week of the Olympics underway, several things are apparent – Michael Phelps is a genetic anomaly, the Chinese have taken the concept of “opening ceremonies” to a whole new level, and it seems that for at least short periods of time weather systems can be tamed. What remains to be seen though, is to what extent the Olympics will affect the Chinese economy in the 18 months post-games.

Reviewing the “Olympic effect” on economies over the past twenty years (from the US in 1984 through Greece in 2004), host countries’ stock markets increased on average by 46% in the 18 months before the games, and increased on average by 44% in the 18 months after the Olympics. To learn more about the expected Olympic effect on the Chinese economy Opalesque recently spoke with Alan Landau, President of Marco Polo Pure Asset Management.

Founded in 2004 by Aaron Boesky, Marco Polo Pure Asset Management currently has a team of 15 mainland Chinese born research analysts and approximately $145m in assets under management. The Marco Polo Pure China Fund is a long-biased, value oriented strategy focused on the Shanghai and Shenzhen stock markets. The Fund was named the 2007 “Best China Fund” by Asian Investor Magazine and is overseen by Chief Investment Officer Wing Miu Chris Tang, recognized in 2008 as one of the 20 Rising Stars of Hedge Funds by Institutional Investor News...

Source:
http://www.opalesque.com/AMB2008/46374Investing_in_A_Shares_Marco_Polo.html

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