Hillhouse Capital Group is an investment fund founded by Chinese businessman
Albeit investors are not happy with hedge funds lately due to high fees, low returns and scandals, Insider Monkey’s research establishes that mimicking hedge funds for their long side of portfolio actually works, and could help in beating the market. In the third quarter, out of nearly 660 funds tracked by Insider Monkey, 627 posted positive returns from their holdings in companies whose market worth stood at a minimum of $1 billion.
Hillhouse Capital’s returns in the third quarter were also due to its long bets in mostly China-based companies. Let’s see the details of some of these top picks.
Hillhouse Capital Management retained its gigantic position in JD.Com Inc (ADR) (NASDAQ: