Asian Investor – Asia-focused hedge funds perform better if they are run from within the region, a recent study from Singapore-based research firm GFIA shows, and Hong Kong-based fund of hedge funds 3A Asia says the findings are reinforced by its own experience.
The GFIA research results suggest that major funds that scaled down Asian operations during the credit crunch — such as the Children’s Investment Fund and Cerberus Capital Management — may rue the decision, and that investors should favour funds that have headquarters in Asia.