Indian and Chinese long/short managers hit hardest in volatile June


Volatile stock markets in Asia drove down performance dramatically across most Asian hedge fund strategies in June, with managers focused on Indian and Chinese equities taking some of the worst beatings they have experienced in months and even years.

The AsiaHedge Composite Index recorded a 2.11% loss during the month compared to the 1.19% decline in the benchmark MSCI Pacific Free Net.

India-focused managers had the worst performance, recording a median loss of 7.15%. That widened losses for the group in the first half of the year to 11.91%, compared to the Mumbai Sensex’s