Monday, 23 January 2017
Last updated 2 min ago
Oct 10 2012 | 1:02pm ET
Hedge funds—especially those trading in Asia—were up last month, although with the exception of Asian funds badly lagged the broader markets.
The Eurekahedge Hedge Fund Index rose 1.02% in September to close out the third quarter up 4.23% for the year. By contrast, the Standard & Poor's 500 Index is up some 15%.
Not all strategies disappointed, however. Indian hedge funds jumped 8.02% on the month, with Asia ex-Japan funds adding an average of 4.11% overall.
Eurekahedge added that all regions saw positive asset flows in August.