Solid performance from Latin America and India-focused hedge funds in 2012

Macro and managed futures strategies struggle in 2012

Woman dispensing water in India

Latin America
Latin America-focused hedge funds produced positive returns of 13.17% for the full year 2012, outperforming both the hedge fund aggregate (6.97%) and the MSCI Emerging Markets LatAm Index (8.66%).

Funds targeting Brazilian markets make up over 70% of the Latin America universe and returned an average of 12.74% in 2012, outpacing the Bovespa by more than 500 basis points.

Assets under management (AUM) for Latin America-focused funds increased by 10.6%, or $1.6 billion in 2012 to an e

To continue reading...