Singapore Hedge Fund With 33% Gain Bets Big on Suzuki Motor
The fund's exposure is skewed to Japan with 70% holding
A Singapore-based hedge fund that beat the market with a 33% return last year said Suzuki Motor Corp. 's robust India strategy will help shelter its portfolio from global trade risks.
The Japanese automaker's limited US and China exposure means it will probably weather the 25% tariffs that US President Donald Trump vowed to implement, according to Yu Liu, chief investment officer at Kings Court Capital Pte. It is also likely to avoid the price war fueled by the rise of Chinese electric vehicle leaders like BYD Co. that has pressured many carmakers around the world.
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