Asian hedge funds weather the storm bravely during May


The challenging market in May pushed the AsiaHedge Composite Index down 3.70%, but it still fared far better than the benchmark MSCI Pacific Free Net, which dropped a whopping 10.15%.

All Asian hedge fund medians turned in negative performances last month, but many of them registered smaller losses than their corresponding benchmark indices, which were likewise entirely in negative territory.

Japan funds held their own against the nose-diving Japanese stock market, with dollar-denominated Japan funds showing median losses of only 3.29% against the Topix's 10.79% drop. Australian funds were not so lucky, falling 6.62%, compared