After a very difficult 2011, AsiaHedge looks forward to a stronger showing in equities and possible gains for macro and event-driven funds given the high level of political volatility
Few hedge fund managers will be sorry to see the back of 2011. It was by any measure a tough year – the AsiaHedge Composite Index median fell 5.70% for the year. Even the strongest-performing strategy area – US dollar-denominated Japan funds – ended 2011 down 2.74%, and at the other end of a dark spectrum sat the India equity fund universe, down a whopping 32.11% for the year. China funds did somewhat better, but were still down 16.53% overall.
The last quarter saw a rash of big-name