(eFinancial) It’s only August, but many Asian hedge fund professionals are already facing up to the prospect of dire 2016 bonuses on the back of faltering performance in the sector. Figures from eVestment show that Asia-based funds are suffering the worst redemption pressures in five years, with $6.3bn of capital outflows in the first half of 2016, more than any other region.
The performance of hedge funds in Hong Kong and Singapore has fallen by 11.49% and 3.73% respectively over the past 12 months, according to a report released earlier this month by Preqin.
