Tuesday, 31 May 2016
Last updated 3 days ago
Jan 18 2012 | 11:54am ET
Asian hedge funds were three times as bad as their global counterparts last year, according to a new report.
The average Asia ex-Japan fund lost 12.7% in 2011, according to Eurekahedge. By contrast, global hedge funds lost only 4.15%, their second-worst year ever.
European hedge funds lost 6.46% and North American hedge funds 0.97%. Latin America funds bucked the global trends to add 2.39% on the year.
Asia ex-Japan funds lost 1.09% last month, the Eureka report shows.