Performance

Asian funds wrestle extreme volatility in August

by

Benjamin Williams
Extreme market volatility so far this month is posing a key question for investors: Could this be another ‘black swan’ movement for the hedge fund industry?

As fear gripped the market last week, hedge fund managers could not help but ask themselves whether they were witnessing a horrific replay of the 2008 meltdown that shook the industry to the very core – and ushered in an increasingly fettered landscape where regulators are now resolved to keep much closer tabs on the industry.

In Asia, the fear grew more palpable as problems gripping the