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Preqin finds Asia Pacific hedge funds enjoy strongest start to 2013

Wednesday, March 27, 2013
Opalesque Industry Update - Preqin’s latest Hedge Fund Spotlight reveals that hedge funds focusing on the Asia - Pacific region posted significant returns in January and February 2013, posting 3.97% and 2.18% in each month respectively.

This is in comparison to North American and European hedge funds, which posted only 0.61% and 1.24% in February respectively. Other Key Facts:

  • Asia - Pacific hedge funds outperformed other regions over the last 12 months, returning 10.71% compared to 9.37% for North America - focused hedge funds and 6.88% for Europe - focused hedge funds.
  • Performance for hedge funds across all strategies and regions declined from 2.47% in January to 0.39% in February.
  • Emerging markets - focused funds posted negative returns in February of - 0.08%.
  • Funds of hedge funds across all strategies and regions posted only 0.05% in February, after a strong January with returns of 2.10%.
  • Other findings in this month’s Preqin Hedge Fund Spotlight demonstrate that 79% of investors believe that hedge fund performance in 2013 will beat that of 2012.

“Preqin’s February benchmarks indicate that it was a relatively flat month for most hedge funds. However, hedge funds targeting Asia - Pacific markets continued with their strong start to the year as Japanese stocks maintained an upward trajectory.” said Joe Childs, Manager - Hedge Fund Performance.

Press release

bc

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