Asia-focused hedge funds fell 0.4 percent in August after five straight months of gains, pulled down by sharp declines in China, Hong Kong and Taiwan shares, hedge-fund tracker Eurekahedge said.
Japan hedge funds edged up 0.7 percent, North American funds rose 1.8 percent, Latin American funds gained 2.1 percent and European funds returned 2.6 percent, the [...]
Some good news on Asian Hedge Funds with new recruitment noted in Singapore and Hong Kong.
Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers.
Former Lehman Brothers Holdings Inc. and Government of Singapore Investment Corp. traders are among an estimated 32 hedge-fund startups in Asia that are offering strategies beyond equities, after a record 180 funds closed in the region during last year’s global markets rout.
Flowering Tree Investment Management Pte made its first bets on rising and falling stocks in Asia outside Japan last month, starting with $12.5 million sourced from …
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