Asian Hedge Fund Performance

Asian Hedge Fund Performance

Asian Hedge Funds Outperformed Global Rivals in August

Asian hedge funds outperformed their global peers in August 2011 during that month's high volatility.  While many hedge funds around the world were hit hard by the up-and-down movements in the stock market from the European sovereign debt crisis and the slump in the financial stocks.
About 80 Asia-focused hedge funds reported an average 2 percent decline and median loss of 1.5 percent last month, according to data from Credit Suisse Group AG’s prime brokerage unit. Hedge funds worldwide lost on average 3.5 percent, the worst month since October 2008, according to Hedge Fund Research Inc.’s HFRX Global Hedge Fund Index.
Funds run by Vulpes Investment Management, Titan Capital Group LLC and Juggernaut Capital Management helped Asian hedge funds last month overcome a history of underperformance in market slumps. Asian strategies lost 21 percent in 2008, compared with the average industry decline of about 11 percent, according to Singapore-based Eurekahedge Pte.

“Asian hedge funds have done a great job of managing risk amid volatile markets,” said Matt Pecot, head of Asia-Pacific prime services at Credit Suisse in Hong Kong. “This resilient performance is a strong affirmation of the increasing sophistication of Asian managers, and a positive signal for greater capital flows into hedge funds active in the region.” Source

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