Asia Hedge Funds Down Almost 13% In '11

Jan 18 2012 | 12:54pm 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.


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