Long/short managers ‘down under’ sustain upward streak


Australia-focused long/short managers continued to sustain their upward streak this year, delivering a median gain of 2.36% in August that again placed them above regional peers in the performance league table.

Year-to-date median returns for the group stood at 8.32%, outperforming the relevant benchmark Australian Ordinaries, which gained 5.54% in the first eight months of the year. Many Australian managers benefited from their long exposures on commodities and resources companies, among others, following strong commodity prices recently.

By comparison, the AsiaHedge Composite index only gained 25bps and year-to-date recorded a 1.34% gain, trailing the