Boom Has Turned to Bust for Asia Hedge Funds
- About 1-in-10 regional funds have lost at least 20% this year
- Almost 72% of funds with double-digit 2017 returns now in red
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Last year’s boom has turned to bust for Asia-focused hedge funds.
Eleven percent of funds tracked by Eurekahedge Pte. lost at least 20 percent in the first 10 months of the year. And almost 72 percent of those that posted double-digit gains in 2017 -- the best year for regional funds since 2009 -- are in the red this year.