Feb
16
Hedge Funds in Asia Had Nowhere to Hide in January ‘Bloodbath’
By-
Asian hedge funds had worst start to a year since 2008
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Quam Asset, Golden China hedge funds among those with declines
Hedge funds in Asia, which navigated turbulent markets to post gains in 2015, had nowhere to hide in January.
As global stocks, currencies, commodities and risky bonds were roiled in a renewed frenzy of selling in January, hedge funds including those from Quam Asset Management Ltd. and Greenwoods Asset Management Ltd. fell more than 10 percent last month. As a group, Asia-focused hedge funds declined 3.1 percent, their worst start to a year since 2008, according to Singapore-based Eurekahedge Pte. About 81 percent of hedge funds actively reporting to the Asia Long-Short Equities category had negative returns last month, according to the research firm…
Hedge Funds in Asia Had Nowhere to Hide in January ‘Bloodbath’
