Macquarie hedge fund up 10 pct

Reuters – Macquarie Group Ltd’s market-neutral long/short Asia hedge fund gained 10.3 percent and nearly tripled assets to $640 million (406 million pounds) last year, its fund manager said, while many hedge funds in the region were starved for capital.

By comparison, the Eurekahedge Asia Long/Short equities index was up 7.3 percent, while the MSCI Asia Pacific Index in local currency returned about 4 percent.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply