(Opalesque) Asian hedge funds, specifically China equity long short as well as distressed strategies, and distressed debt strategies will drive investor demand in 2019, revealed a survey. According to an annual survey of 425 allocators conducted by Deutsche Bank’s hedge fund capital group, an average hedge fund portfolio managed by the survey’s respondents in 2018 returned 1.6% year-to-date Nov. 30, lower than their full-year average performance target of 7.17%.
The shortfall was the largest in seven years, said the survey, which covered 425 allocators managing or advising on $1.74 trillion in hedge fund assets and located in 28 countries.