Bull market benchmarks outstrip hedge fund medians


With the third quarter of 2009 now out of the way, the various AsiaHedge medians do not look too bad - until they are compared with the major regional benchmark indices.

The strongest median performer so far in Asia this year, India, has put on nearly 45% in the year to date, but still trails the Sensex's gain of 77.5% by quite a margin. The benchmark AsiaHedge Composite also lags the MSCI Pacific Free Index 13.1% to 24.1% - though, encouragingly, Asia including Japan's 23.2% rise is in line with it.

Australia invested funds have also been doing