Thursday, 28 May 2015
Last updated 3 hours ago
Mar 27 2013 | 10:36am ET
Asia-Pacific hedge funds were the top performers over the past 12 months, according to the latest data from Preqin.
Asia-Pacific funds returned 10.71% over the monitored period, compared to 9.37% for North America-focused funds and 6.88% for Europe-focused funds.
The overall picture for hedge funds as painted in this month's Preqin Hedge Fund Spotlight, was less rosy: gains for funds across all strategies and regions were down from 2.47% in January to 0.39% in February. That said, the only losing strategies in February were macro funds, down 0.19%, and emerging markets, down 0.08%.
Year-to-date, all strategies and regions covered by Preqin were in the black. Asia-Pacific funds were up 6.23%; European funds up 3.32% and North American funds up 3.22%. Long/short equity funds were the best-performing strategy YTD, up 3.86%; followed by multi-strategy funds, up 3.00%; and event-driven, up 2.72%.
Funds of funds gained 0.05% in February and are up 2.15% YTD.
Preqin's latest research also shows that 79% of investors believe that hedge fund performance in 2013 will beat that of 2012.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…