Asia hedge funds underperform global industry in 2011
Long/short fared worst and CTA best as Asia strategies sank a combined -8.5% in 2011. But data provider Eurekahedge takes the view that things can only get better this year.
Last year was the second worst on record for hedge fund performance globally, and Asia firms and strategies fared even worse, as global markets remained unpredictable amid the European debt crisis, risk-on risk-off investor sentiment, and geopolitical turmoil.
Based on data received so far by Singapore-based research house Eurekahedge, Asia hedge funds were down -0.6% in December and -8.5% for the year, as against -4.1% for hedge funds globally.
In terms of strategies, long/shor…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.