Asian hedge funds down, says Eurekahedge


Asian long/short equity funds fell 2.3% in May, reversing a gain of 3.62% in April, said a monthly report from Singapore-based hedge fund index provider Eurekahedge.

The negative performance came on the back of a downturn in regional equity markets, with the Morgan Stanley Capital International Asia ex-Japan index down 7.3% and equity markets in India, Hong Kong and southeast Asia falling dramatically.

With seven of the eight strategies for the region tracked by Eurekahedge posting negative pe

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