Foxconn

Meet Asia's largest hedge fund (It also makes iPhones): Gadfly

In operation for more than 40 years, this outfit has grown to $106 billion in assets with investments in more than a dozen countries. Most of that is in China. Its returns probably wouldn't have you popping champagne – 12.8 percent last year on a return-on-equity basis, 4.6 percent if you're looking at return on assets. But it has never posted a loss, so that's something.

3 April 2018
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