Asia Start-up Hedge Funds Beat Peers, Boosting Growth Prospects
Tuesday, December 22, 2009 : PermalinkBloomberg – Asian start-up hedge funds have returned an average 22 percent this year, beating global peers and boosting their chances of attracting investors in 2010.
Galaxy China Deep Value Fund and Wisdom of Japan Fund are among new offerings measured by Singapore-based hedge-fund consultant GFIA Pte that helped start-ups outperform an 18 percent average gain through November for the Eurekahedge Hedge Fund Index of more than 2,000 funds globally. The outperformance may help the region’s start-ups overcome investor reticence that curbed growth in assets managed this year.
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