Event-driven funds struggle in turmoil

Fri Oct 21, 2011



Asia-focused event-driven funds, including a number of new launches since 2009, are struggling to keep up performance amid the volatile market environment, particularly in August 2011.

The AsiaHedge league tables show that one of the best-performing event-driven funds during the month was the Orvent Fund, which reported a 0.19%...

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