Thank you for your kind comments, at the International Monetary Conference in Beijing recently, regarding the state of the investment industry and the benefits of investing in skilled managers who actively seek absolute returns through a combination of diversified strategies. 

In this regard, I refer to absolute return funds as being a distinct subset of the larger universe of hedge funds. Absolute return funds focus on consistently delivering positive returns irrespective of the direction of traditional share and bond markets.  In this regard, absolute return funds do not use excessive leverage, exotic derivatives, or high levels of market exposure. ...