More hedge fund managers have decided to return money to
investors following a difficult 2011 –and facing an
increasingly uncertain environment in 2012.
AsiaHedge understands that several Hong Kong-based firms,
including Isometric Capital, Thaddeus Capital and Tribridge
Investment Partners, have joined a lengthening list of funds
that have returned money to investors in the aftermath of a
Other funds that were reported recently to have returned
money to investors included Allan Boyer, Penta Investments and
Industry sources say that a firm’s decision to
return money to investors is triggered by various different
factors often unique to each fund.
Those factors usually include poor or flattish performance
and/or pressure from seeding investors who want their money
back after getting weak returns in recent years.
One allocator says the decision of a manager to...