Hedge Funds in Asia Had Highest Withdrawal in Past Four Years
Asia’s hedge funds had the highest investor withdrawals last month in more than four years. Hedge funds investing in Asia excluding Japan had net outflows of $2.1 billion or 1.3% of total assets according to Eurekahedge. This compares with withdrawals of $3.6 billion in Europe, $2.5 billion in North America.
“Asia’s hedge funds had the highest investor withdrawals last month in more than four years.”
The global hedge fund industry has faced problems this year due to the subpar returns and high fees. Investors allocating to Asia are also cautions as the industry is younger in Europe and funds investing in Chinese equities has suffered heavy losses at the beginning of the year.
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