Distressed hedge funds on course for bumper year

Forbes – China-focused hedge funds continue to bring in strong performance as investor assets finally start a positive flow. LatAm-focused funds’ performance, however, disappoints as assets under management rise

China-focused funds continue to be the best performing of any targeted emerging market exposure in 2013 through May. The universe returned an average of 4.0% during May bringing returns over 10% for the year and on pace to more than double the 11.4% performance of 2012.

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