Which Asian hedge funds had a sweet September?
With 72% of Asia’s hedge fund contributors to the Eurekahedge database having submitted their results for September, the identities of last month’s top 10 Asian hedge funds are emerging. It will be an important month of fund results (at least, until the next important month occurs).
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September Returns |
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36.08 |
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14.56 |
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14.07 |
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13.22 |
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12.32 |
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10.90 |
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10.27 |
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9.24 |
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9.23 |
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8.60 |
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“There are no permanent safe havens, rather a succession of temporary shelters from the storm,” says Geoff Barker, PM of number 10 on the list, BIA Pacific Macro Fund. “The key to keeping capital safe from the storm is to forecast correctly the sequence of events. Markets and economies are inter-connected and so a large enough shock in one area tends to permeate through the system until a new equilibrium is found.” Here are the year-to-date’s best performers. Good to see Newtonian in there, a firm whose launch AsianInvestor covered in 2007.
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YTD Returns (Sep 2011) |
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42.77 |
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37.32 |
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35.70 |
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32.98 |
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30.09 |
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29.06 |
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28.09 |
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27.64 |
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25.08 |
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24.94 |
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On the annualised returns league table, Galaxy China Deep Value Fund, is atop the list. That fund, run by Joe Chan and Tim Tse, has often emerged at the head of the field of China funds in recent years. Annualised Return |
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72.32 |
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71.04 |
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70.74 |
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64.85 |
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45.82 |
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45.70 |
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44.93 |
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37.67 |
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35.61 |
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35.19 |
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Annualised Standard Deviation |
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0.91 |
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2.18 |
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2.28 |
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2.42 |
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2.46 |
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HSBC Quant Alternative Fund - Global Bond Market Neutral 300 - Class I USD |
2.50 |
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2.50 |
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2.56 |
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2.57 |
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2.69 |
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