China Growth Stocks

[cleezdeez]

I recall reading about hedge fund correlations w the broader market not too long ago. Distressed funds were less than 0.1, the least correlated of the group (arbitrage and mkt neutral, the logical choices, were just behind).

I'd clearly classify this space as distressed, so I'm beginning to believe it's possible there's alpha here despite, IMO, a still overvalued broader market.

Certainly not a conviction, just the germination of a thought.