Asia-Focused Hedge Funds

Asia-Focused Hedge Funds

Asia-Focused Hedge Funds See First Net Inflow Since '08


Hedge funds focused in Asia have finally seen inflows for the first time since Q2 2008.  Hedge funds investing in the region returned 9% during the third quarter signalling a possible recovery. 
Asia-focused hedge funds saw their first inflows in more than a year during the third quarter as they returned nearly 9% during those three months, according to data released by Hedge Fund Research.
Ken Heinz, president of the data compiler, said the sector displayed "versatility while building on strong year-to-date performance."

Hedge Fund Research said Asia-focused hedge funds had $73.7 billion of assets at the end of the quarter, compared with more than $1 trillion for the industry as a whole. Part of the quarter's gains were the result of $800 million of net new capital, the first gain since the second quarter of last year.
The hedge-fund industry is rebounding from last year's record-bad performance, though the declines paled in comparison to those seen by major stock-market indexes.  Source

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