Veritas appoints Foo as senior analyst

Veritas Asset Management has appointed Raymond Foo as a senior analyst on its Asia team to work alongside head of Asia long-only and long/short funds Ezra Sun.

Based in Hong Kong, Foo will assist Sun on the Veritas Asian and the Real Return Asian portfolios. Veritas Asian, which launched in October 2004 and re-opened to investors in late 2008, is a Ucits III vehicle which has returned 102.3% since inception, outperforming the sector by 53.3% to the end of May 2009. The long/short equity Real Return Asian fund, which marks its five-year milestone in September, has returned 103.5% since launch, outperforming the Asian long/short sector by 55.33%. Foo was previously chief Asian strategist at Brevan Howard Asset Management where he ran the fi...