Sunday, 21 December 2014
Last updated 4 hours ago
Feb 12 2009 | 2:04am ET
The bad news for Asia’s hedge funds continues to roll in. Although not much of a surprise, given their dismal performance last year, the overwhelming majority of them won’t be collection performance fees.
More than 80% of Asian hedge funds finished below their peak net asset values last year, according to Eurekahedge. Just about one-third of the funds enjoyed a positive return, while the average fund focused on the region lost about 21%.
Some 153 Asian hedge funds didn’t survive last year’s bloodbath at all, according to Eureka, a 63% increase in fund closures from 2007. Moreover, hedge fund launches in the region fell by half in 2008, to just 79.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.