Energy spins returns for Martin Currie's global fund

Martin Currie is one of the UK's success stories in the hedge fund industry, having tipped the $1bn mark in its hedge funds, many of which are now closed to new investment despite continuing demand

One of the group's more recent launches, in October 2003, has caught another wave of buoyant prices combined with investor interest, in the resources sector.

A dummy portfolio of the Martin Currie Absolute Return Funds - Global Resources Fund was run from July 2002 to September 2003 and rose by 12.83% net of cash. In the six months to 31 March 2004, the live fund has followed suit, with NAV rising 5.3%.

Its managers, Wendy Anderson and Chris Butler, explain how they invest and why now could be a

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