Opalesque Industry Update - In its most recent client monthly newsletter, GFIA pte ltd, the Singapore based specialist in skill-based
managers in Asian and emerging markets reviewed relationship between the age of Asian hedge funds, and
their performance, during the different market environments.|
GFIA’s study found that the outperformance of young funds seemed to be significant only after 2008 (financial crisis period), when most existing funds experienced large losses. However in difficult markets, younger funds generally have trumped older funds.
Summary findings include:
Peter Douglas CAIA, principal of GFIA, commented: “While many investors perceive new funds to be more risky than established funds, in fact younger funds may be better at mitigating losses in tough markets.”...Corporate website: Source