Saturday, 31 January 2015
Last updated 11 hours ago
Aug 4 2010 | 12:57pm ET
Investors flocked to Asian hedge funds in the second quarter, but poor performance more than offset the net inflows into the region.
Asian hedge funds took in US$360 million in new capital during the second three months of the year, according to Hedge Fund Research. Event-driven were the most popular, and macro funds also attracted much interest. Equity hedge funds also enjoyed inflows during the quarter.
The flows also show a growing preference for pan-Asia funds and Japan-focused funds, and away from emerging markets vehicles.
Despite the inflows, performance losses on the quarter cut deeply into the total assets of Asia-focused hedge funds. Such funds now manage just US$74.4 billion after losing US$23 billion in the markets.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…