Thursday, 27 August 2015
Last updated 1 hour ago
Feb 19 2013 | 12:55pm ET
Asian hedge funds reported their best-ever January returns in 2013, adding 4.15%, according to Eurekahedge.
Funds based in the region added 9.79% in 2012 and now manage US$127.8 billion. Japanese hedge funds delivered their best monthly return since December 2005 and their strongest January return on record—up 5.25%
January was a strong month for hedge funds generally, as they posted their strongest returns in 24 months, adding 2.32%.
Asian hedge funds saw 123 launches and 143 closures in 2012, bringing the current total down to 1,291.
CTA/managed futures funds gained 1.77% in January, more than they gained in all 2012.
According to Eurekahedge data, hedge fund industry assets under management grew by US$17.8 billion in January 2013, bringing the size of the industry to US$1.79 trillion. Hedge funds posted performance-based gains of US$13.9 billion as all strategies finished the month in the black. The industry also witnessed net positive asset flows of US$3.9 billion during the month.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…