Asia ex-Japan hedge funds lead gains in July-report

Reuters – Hedge funds focusing on Asia ex-Japan posted the strongest gains by region in July, but the funds remained in the red compared with the start of 2010, Eurekahedge said late on Tuesday.

According to preliminary data from the Singapore-based fund tracker, Asia ex-Japan hedge funds returned 3.56 percent in July, beating the 3.19 percent returns by Eastern European and Russian hedge funds and the 2.36 percent returns by Latin American funds.

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