(Opalesque) Hedge funds investing in Emerging Asia, specifically in India and China, posted the strongest quarterly performance since 2Q15, benefitting from improving investor expectations for global growth and favorable currency market trading in 1Q17, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.
The HFRX India Index surged +19.05 percent in 1Q, its strongest quarterly gain since 2Q09, and topping Indian equity performance, as measured by the BSE Sensex 30 Index, by 780 basis points, leading all HFR indices for the quarter.
