Two of Asia’s leading hedge funds have made it into Forbes’ latest survey on hedge fund compensation in a further sign that the region’s alternatives industry is capable of competing with the biggest and best. Entitled The 40 Highest-Earning Hedge Fund Managers, Forbes reveals that Joe Zhou of Hong Kong’s Ortus Capital Management and Danny Yong (pictured) of Singapore’s Dymon Asia Capital shared 37th place, with Bridgewater’s Ray Dalio, RenTec’s Jim Simons and Icahn Capital Management’s eponymous founder Carl Icahn taking the top three positions. Both Ortus and Dymon Asia run global macro strategies to capitalise on currency cycles and macro market trends to generate outperformance. Yong saw Dymon Asia’s assets exceed USD2billion, with the fund generating returns north of 20 per cent. Dr Joe Zhou has steered Ortus’ assets past USD3billion, returning around 5 per cent net of fees to investors. Forbes estimates that both managers took home around USD40million in 2011.