The Asian regional indices have rebounded across the board, except for the Nikkei, which continues to fall. As a result, the AsiaHedge Composite Index regained some ground after posting a return of 0.63% in September, taking the total to 3.58% in the year-to-date.
Hedge funds in the Asia including Japan and Asia excluding Japan universes both posted gains of 1.66% and 2.66% respectively. The former outperformed the benchmark index, but the latter did not perform as well as the MSCI Pacific free ex Japan Index, which gained 5.3% for September.
Japan statistics were relatively flat, but still managed to outperform the Nikkei, bringing a gain of 9.81% for the year. Australia remained the top performer as the Australian All Ordinaries Index gained 3.17%. The AsiaHedge Australia Long Short Index posted a gain of 2.41% bringing returns to 11.52% for the year.
Emerging markets hedge funds continue to gain strength by rising 1.81% for the month