Time will tell, but we're betting that WF Asia's shareholders will be pretty happy five years hence.

FORBES: Classic Hedge, Asian Flavor

Unlike most funds offered by Lloyd George, the WF Asia Fund--so far its only fund--is a hedge fund, registered in the Cayman Islands.

FORBES: Classic Hedge, Asian Flavor

Currently the WF Asian fund is 43% net long, and although it hasn't been around for long, the hedge seems to be working.

FORBES: Classic Hedge, Asian Flavor

We don't normally get excited about newly launched funds that don't have much of a record, but in the case of the WF Asia Fund, we'll make an exception.

FORBES: Classic Hedge, Asian Flavor

That's because the "W" of WF is Scobie Ward.

FORBES: Classic Hedge, Asian Flavor