Equity market rallies lift returns for Asian equity funds


The relatively buoyant performance of cash markets boosted median returns of long/short Asia equity-focused managers in September with the AsiaHedge Composite median climbing 1.77% during the month.

It was, nonetheless, a subpar performance compared to the 2.95% gain of the relevant MSCI Pacific Free Net index on the same month, and thus served to further widen an already existing performance gap for the year so far. The AsiaHedge Composite has delivered a cumulative median return of 3.14% in the first nine months of the year compared to an 8.05% gain for