Sat, Apr 20, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

China and India hedge funds lead 2017 performance (+35%)

Friday, January 19, 2018

Komfie Manalo, Opalesque Asia:

Asia-focused and domiciled hedge funds reported the strongest gains in the industry last year as the overall hedge funds space experienced a positive aggregate return of +8.83%, according to the eVestment December 2017 Hedge Fund Performance Report.

The report highlights December and year-end-2017 hedge fund industry results globally and across strategies and geographies based on data eVestment collects from hedge fund managers across the globe.

eVestment said in the report, "From a larger region-of-investment perspective, Asia outperformed the rest of the world in hedge fund returns, with Asia-focused hedge funds overall returning +21.47% in 2017. Africa/Middle-East-focused funds came in second from a regional perspective, returning +16.42% in 2017. North-America-focused and developed-Europe-focused funds both returned almost +8.4%."

Funds focused on investing in India returned +35.01% for the year, compared to +4.53% in 2016 and +3.87% in 2015. Over the past six years, India-focused funds have produced an average annual return of more than +17%.

Funds focused on investing in China came in a close second for the year, returning +34.82% in 2017, up strongly from the negative performance of -5.39% in 2016 and the +9.49% China-focused hedge funds returned in 2015.

For funds domiciled in Asia, there was a similar strong re......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1