Segantii fund’s 41 pct gain lifts AUM to $550 mln

Reuters – Segantii Asia-Pacific Equity Multi-Strategy Fund has more than doubled assets since mid-2011 to $550 million, defying a tough capital-raising environment and net outflows from Asian hedge funds during the period.

The growth was powered by 41 percent gain in the fund run by Hong Kong-based Segantii Capital Management, one of the best by a hedge fund in the region last year, when peers as measured by the Eurekahedge Asia index lost an average 8.4 percent.

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