Feast or famine: tracking AsiaÆs hedge funds
Two new indices claim to track the ups and downs of Asian hedge funds, but each uses different parameters to calculate their monthly performance.
It was a race to see who would be first but, in the end, only a few days separated the launch of two new indices tracking the Asian hedge fund market. The first announcement came on Friday when Singapore-based Eureka Hedge Fund Advisors launched its Asian Hedge Fund Index.Then on Monday the joint venture between Bank of Bermuda and AsiaHedge revealed a series of four indices tracking long/short performance in four geographical locations. But while the timing was close, the indices loo…
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