Sunday Letter

Fusang Q1 2018

Originally sent with subject: “Letter from the CEO: Fusang Q1 2018”

Dear reader, It’s been an exciting first quarter of the year here at Fusang.

In addition to managing our ongoing investments, we have been engaged in many exciting projects, especially in the blockchain space. We are leveraging off our institutional infrastructure, operations, and licences to bring structure and regulation to this fast-moving space.

We are currently undergoing product development, and look forward to being able to share them with you in the very near future.

Both of our co-mingled portfolios continued to perform in Q1, building on last years’ success: generating steady returns uncorrelated to major stock and bond indexes, with minimal volatility.

The Fusang Income Portfolio’s annualized return increased to 6.59%, continuing our 100% positive monthly performance track record.

Volatility is running at 0.17%, with a Sharpe Ratio of 26.51.

The Fusang Global Alpha Portfolio’s annualized return has also risen significantly to 10.18%.

Volatility is running at 0.32%, with a Sharpe Ratio of 25.90.

I will be speaking at the Nexchange conference in Hong Kong on the 8th of May, and the Alea Family Office Conference on the 21st of May, also in Hong Kong. I’ll be speaking on the subject of blockchains, and our efforts to bring institutional infrastructure to the space. If you’re in town, do drop by.

Yours Sincerely,
Henry Chong