Japan Hedge Funds Lose 1.5% As Nikkei Plummets 10%

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%.


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

Strippers Accused Of Robbing Hedge-Fund Manager Face Jail

Oct 20 2014 | 9:20am ET

A group of alleged stripper-thieves—whose victims include a hedge-fund manager...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.