Funds of Hedge Funds Performance

Indian election news brings step change for Asia-Pacific FoHF


Asian funds of funds were the most successful on the month as global markets continued to surge. The MSCI Asia Pacific Index was up 12.18% with the MSCI China Index up 16.11% on the back of positive news flow, while Hong Kong's Hang Seng was up 17.07%.

India, which in some portfolios is considered an merging market allocation, was particularly profitable as the market there rallied strongly on the back of the election result.

FMG India Opportunity saw a 56.76% monthly return taking year-to-date numbers to 54.3% and StoneWater Capital Asia was up 15.08% leaving year-to-date returns to 23.22%.