Asia was hit hard by worries about the global situation. Among hedge funds, the losers heavily outnumbered the winners.
Nevertheless a handful were in positive territory on the month. CCDJ Fund was up 3.38% taking YTD numbers to 5.38%, and BIA Pacific was up 1.63% putting year-to-date numbers at 0.55%. Tantallon fund was up 3.46% to put year-to-date numbers at 5.03%, while Horizon Asia Fund was up 2.7% to take YTD figures to 7.42%. Adapa New Asia was down 1.48% for September, taking year-to-date numbers to 2.1%, while a fall of 2.3% took Macquarie Asian Alpha’s YTD figures