2 Mar 2010
GFIA has released a research paper reviewing the performance of different Asia hedge funds strategies in 2008 and 2009.
In January’s paper, GFIA reviewed the performance of emerging markets hedge funds in 2008 and 2009, and commented that Asia hedge funds not only outperformed benchmark indices, but with a much lower volatility. In the most recent paper, GFIA explored the different strategies within the Asiahedge Composite index, and drilled down the performance of these funds in 2008 and 2009. For this paper, funds were classified into fourteen strategy groups.
- There is huge performance dispersion between strategies within the Asiahedge
Composite index
- However, the big differentiator was the underlying asset class: equities, or other assets.
In January’s paper, GFIA reviewed the performance of emerging markets hedge funds in 2008 and 2009, and commented that Asia hedge funds not only outperformed benchmark indices, but with a much lower volatility. In the most recent paper, GFIA explored the different strategies within the Asiahedge Composite index, and drilled down the performance of these funds in 2008 and 2009. For this paper, funds were classified into fourteen strategy groups.
- There is huge performance dispersion between strategies within the Asiahedge
Composite index
- However, the big differentiator was the underlying asset class: equities, or other assets.
Peter Douglas CAIA, FICP, principal of GFIA, commented: “The Asian hedge fund industry is now very broadly based, and allocators can construct a wide range of risk/return profiles by combining strategies. Given the shape of Asian capital markets, however, the biggest determinant of performance is the amount of, and approach to, equities.”
