Asia-Pacific-Focused Hedge Funds Recorded Losses of 2.02% in Q1

(Valuewalk) Fund launches and investor appetite decline while performance records losses. The latest Preqin research finds that having made gains of 7.54% in 2015, Asia-Pacific-focused hedge funds recorded losses of 2.02% through the opening quarter of the year, the lowest performance of any region. While the hedge fund industry as a whole saw returns of -0.43% in the quarter, monthly returns for Asia-Pacific funds were the most volatile of any region, as Preqin’s benchmark ranged from -4.19% in January to 4.13% in March. Europe-focused funds also struggled in Q1 2016, recording losses of 1.97%, while North America-focused funds posted -0.64% for the period as a whole.

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