Theodore Shou: China Macro Funds Suffer Losses From RMB Depreciation

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Theodore Shou, chief investment officer at South Africa-based fund of hedge fund manager Skybound Capital, tells China Money Podcast host Nina Xiang that some Chinese... [DATA LOCKED]

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Theodore Shou, chief investment officer at South Africa-based fund of hedge fund manager Skybound Capital, tells China Money Podcast host Nina Xiang that some Chinese macro strategy hedge funds suffered losses after the Chinese People’s Bank of China devalued the RMB last week as they made big currency bets.