Thursday, 24 July 2014
Last updated 7 hours ago
Aug 10 2012 | 11:06am ET
Japan-focused hedge funds lost 1.5% in Q2 2012 reversing their Q1 5.2% gains as the Nikkei fell over 10%, reports Hedge Fund Research.
Funds investing in China fell 1.6%, while those investing in Asia with Japan were down 2.4%.
Hedge funds investing in other emerging Asia economies took much bigger hits in the second quarter, with Indian funds shedding 8.4% while Korean funds lost a whopping 10.8%. The losses represented a sharp about-face for both—Indian funds had added 19.2% and Korean funds 6.3% in the first quarter.
Investors entrusted only $88 million in net new capital to Asia-focused hedge funds in Q2, paying particular attention to Japan. But total capital invested in Asian hedge funds declined by $3.3 billion during the quarter, to $83.3 billion.
Asia-focused hedge funds now number 1,117, says HFR, and account for almost 15% of total global hedge funds. Moreover, an increasing number are headquartered in the region—30.46% in China, 9.27% in Singapore, 3.07% in Japan.
Equity hedge strategies account for about 73% of Asian hedge funds, followed by relative value at 13%, event-driven at 12% and macro at 2%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…