Asia-inc contrarians pull through


Asian markets were among the casualties of the global de-risking in equity markets, with the regional index down sharply in August. Performance from hedge funds in the region was very dispersed, with some of the sector’s contrarians coming to the fore.

Unlike many of its peers, the Greater Asian Hedge Fund had a good month, thanks in large part to a risk position in gold and gold equities. Octagon Tactical Short Fund also had a good month, a 4.92% August gain taking three-month figures to 5.36%, and CCDJ Fund LP was up 3.52% to take three-month figures to