Two of Asia’s biggest hedge funds eked out positive returns in January after a tough 2011, which comes as good news for investors that have been looking for performance out of Asia.
Hong Kong-based Azentus Capital Management, the $2 billion multi-strat fund run by ex-Goldman Sachs Morgan Tze, is understood to have delivered a 30bp return in January.
Another billion-dollar Asian fund, the Senrigan Capital Group’s event-driven fund, gained 1.1% .
These two are considered the largest hedge funds to launch in Asia since the global financial crisis in 2008.
It is understood that Senrigan’s return for the