Asia Hedge Funds See Inflows, Take Big Losses

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.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of