Tantallon Asia Impact Fund Report, April 2025
The Tantallon Asia Impact Fund closed down -0.22% in April with markets being duly ‘shocked and awed’ by “Liberation Day,” before finding a lease of life (or, at least, significant short-covering!) with Trump re-affirming his being transactional,’ and seemingly walking back some of the more draconian elements of his ‘tariffs on all’ opening gambit, while key insiders in the administration have clearly indicated an acceptance of (re)engaging with the Chinese on less adversarial terms.