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Asian hedge funds shine in stellar month for industry

CNBC – In a stellar month for the hedge fund industry, Asian hedge funds outperformed, a report from alternative fund data provider Eurekahedge has showed.

Asia ex-Japan hedge fund managers gained 2.81 percent in September and have outperformed the underlying markets for much of the past year by roughly 8 percent. The Eurekahedge Asia ex-Japan Hedge Fund Index was up 5.87 percent year-to-date in September, in contrast to the MSCI Asia-Pacific ex-Japan index, which fell 1.14 percent.

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