While more than a third of Asian funds were at least 30 per cent in the red in the first 10 months, that figure shrank to just under 7 per cent at year-end.
The Eurekahedge Asian Hedge Fund Index advanced 5.7 per cent, trailing global peers by 3.6 percentage points after outperforming in seven of the past 10 years.
(Bloomberg) To say investing is tricky during the pandemic would be an understatement. And so it has proved for many hedge-fund managers since last year’s Sohn Investment Conference in Hong Kong.