The likes of Warren Buffett have put corporate philanthropy at the forefront. In 2006, he pledged 85% of his wealth or roughly $37 billion to five foundations. The richest man in Asia, Li Ka-shing, is doing the same. He intends to give away a third of his fortune -- nearly $11 billion. We thought we’d back away from the usual theme this week of investing for monetary returns, and instead, focus on a selfless, non-profit fund for a change. A fund that lets you 'invest' and reap social returns.
Greater China investors have much to celebrate. Despite the recent turmoil in financial markets, stocks in China and Hong Kong are still booking double- and triple-digit gains year-to-date. This week's A Fund Affair takes a look at a hedge fund that invests in Chinese companies listed across the region.