Mon, Jul 15, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Japan hedge funds best performers among Asia funds in August

Tuesday, September 15, 2015

Benedicte Gravrand, Opalesque Geneva:

The Eurekahedge Japan Hedge Fund Index was down -0.35% in August (+4.99% YTD), whereas the Eurekahedge Asia ex-Japan Hedge Fund Index returned -5.1% (+2.8% YTD) and the Eurekahedge Greater China Hedge Fund Index lost -8.5% (+1.04% YTD). The Japan index was the best Asia index performer. And among developed market investment mandates, Japanese and European managers lead with year-to-date returns in August, said Eurekahedge.

Comparatively, the HFRI Japan Index, which was down -2.1% in August (+7.1% YTD), was also HFRI’s best Asia index performer that month. The HFRI China Index, meanwhile, declined -7.55% (+0.30% YTD).

The Nikkei 225 is currently up around 3.90% YTD, at around 18,314. The TOPIX ($ hedged) was down 7.3% in August and up 9.5% YTD. The Topix index plunged 16% from mid-August through Tuesday last week, and short-term volatility jumped to the highest since the aftermath of the 2011 earthquake, reported Bloomberg. For most of the year, Japanese equity investors had enjoyed market calm, but the index was affected by China’s yuan devaluation on Aug. 10.

China funds caught by selloff Some China hed......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Crypto: U.S. market regulator issues guidance on custody of digital asset securities, Bitcoin's stunning growth makes it investable, admits legendary hedge fund manager, Institutional investments rise with bitcoin volatility. Wait, what?, Can blockchain build a better bank? Experts weigh in - The Ledger, Cryptocurrency startups get partial green light from Washington, Facebook's Libra cryptocurrency faces more backlash, China's central bank developing own digital currency in response to Libra[more]

    U.S. market regulator issues guidance on custody of digital asset securities From Reuters: The U.S. Securities and Exchange Commission (SEC) on Monday issued a notice on broker-dealer custody of digital asset securities, amid industry requests for clarity on whether they can hold such a

  2. PE/VC: Burger King in China and Turkey attracts private equity buyers, China's VC market is said to enter a downturn, VC industry makes slow progress on diversity[more]

    Burger King in China and Turkey attracts private equity buyers From Finance Asia: The world's largest franchisee of the fast-food chain outside the US is on the block. One wealthy Turkish family holds the key to a successful sale. Burger King is back up for sale in China and Turkey

  3. Hedge funds post best first half in decade, Viking Global funds surge, Blue Harbour's double windfall[more]

    Hedge funds post best first half in decade From Bloomberg: Hedge funds reported the best first half since 2009 as equity managers capitalized on the surge in stocks. Funds rose 5.7% from January through June, according to Hedge Fund Research Inc.'s asset-weighted index of managers. Equi

  4. Private real estate fundraising nosedives in 2Q 2019, hitting a five-year low[more]

    Laxman Pai, Opalesque Asia: Private real estate fundraising decreased significantly in Q2 2019 from the previous quarter, hitting a five-year low, Preqin said in its quarterly update on real estate. Forty-seven funds reached a final close, raising just $29bn, which marks a sharp decrease fro

  5. Regulatory: SEC reforms open door to BDC market shakeup, Regulatory rollback: First set of Volcker Rule reforms finalized[more]

    SEC reforms open door to BDC market shakeup From Reuters: The US Securities and Exchange Commission's (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market. Under the existing guidelines, regulated funds are prohibited from