Eurekahedge has released its latest survey as we head into 2H10.
Eurekahedge has released its latest survey as we head into 2H10. Results show that despite the overall index being flat year-to-date (-0.02%) – outperforming global markets by 11% – the same cannot be said for the Eurekahedge Asia ex-Japan Hedge Fund Index. Year-to-date, the index is down 3.13%, with the second worst performer (Emerging Markets) down a more modest 0.65%. By comparison, Japan continues to thrive in 2010, up 1.28%, although this should be tempered by the fact that it was down 2.13% in June. Isaac Souede (pictured), Chairman and CEO, Permal Group, told Hedgeweek: “Chinese and neighbouring markets will become more attractive. We expect to see an improvement in economic sentiment across the region during the second half of this year with a corresponding effect on the financial markets.”
