This content is from: Premium
Alibaba Held Key to Hedge Fund Riches in February
Many managers sold out last year, but the Chinese e-commerce giant was a top gainer for those who stayed the course.
“Open sesame” was the password to a thieves’ den full of gold that a poor woodcutter named Ali Baba learned in the renowned “Arabian nights” Middle Eastern folk tale. These days hedge funds have learned that Chinese e-commerce giant Alibaba Group Holding might be considered the modern incarnation, as it
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.