Sunday Letter
Fusang Q2 2018
Originally sent with subject: “Letter from the CEO: Fusang Q2 2018”
Dear reader, It’s been an exciting second 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. You can sign up to the Fusang Vault newsletter here.
Both of our co-mingled portfolios continued to perform in Q2, 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 6.60%, continuing our 100% positive monthly performance track record.
Volatility is running at 0.08%, with a Sharpe Ratio of 53.
The Fusang Global Alpha Portfolio’s annualized return continues to perform exceptionally at 9.64%, with a total of 95% positive months.
Volatility is running at 0.39%, with a Sharpe Ratio of 19.1.
I will be speaking at the Singapore Trustees Association conference in Singapore on Friday, October 5, and the Private Wealth Management Summit in Macau on Monday, October 22. I’ll be speaking on the subject of custody for digital assets, and our efforts to bring institutional infrastructure to the space. If you’re in town, do drop by.
Yours Sincerely,
Henry Chong

