Asia-Focused Hedge Funds See First Outflows In 17 Months

Oct 19 2011 | 1:23pm ET

Asia-focused hedge funds saw net outflows of $1.9 billion in September, the first monthly outflow in 17 months, according to data from Eurekahedge.

Investors pulled out over concerns about the global economy and the European debt crisis. The outflows follow three months of net inflows and brings the YTD allocation to Asia hedge funds to $5 billion, according to the industry tracker.

The Eurekahedge Asia index for hedge funds lost 4.31% in September, its fourth-biggest monthly decline since the index was created in 2000. Asian shares as measured by the MSCI Asia-Pacific index lost 9.5% in September, the biggest fall since May 2010.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

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

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of