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Komfie Manalo, Opalesque Asia: Asia-Pacific focused hedge funds outperformed all other top-level regional focuses tracked by data provider Preqin during October, recording their best month thus far this year as the Preqin Asia-Pacific Index gained 2.91% during the month. Year-to-date, Asia-Pacific hedge funds generated a strong 16.27% returns.
Preqin said in its monthly hedge fund performance update that the region "has solidified its current position as the best performing top-level regional focus with the highest year-to-date results."
Across the industry, hedge funds have also maintained their positive performance. The Preqin All-Strategies Hedge Fund benchmark generated 1.15% in October, the benchmark's twelfth consecutive month of positive returns. With year-to-date returns climbing to 9.30% so far, this year, the hedge fund industry remains firmly on track to generate its best performance since
2013.
However, emerging market focused funds struggled in comparison, generating 0.42% to rank as the poorest performing regional focus. But the strategy is still ahead 12.95% year-to-date.
Funds of hedge funds and funds of CTAs also both performed well during October, generating their strongest performance of the year so far, 1.12% and 7.07% respectively.
UCITS structured hedge funds continued their consistent run in the opening month of the fourth quarter, up +0.88% to marginally outperform alternative mutual structured vehicles, which generated 0.68% for ...................... To view our full article Click here
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