Economic Times – Asia-focused hedge funds recorded a net outflow of $1.9 billion in September, their first monthly outflow in 17 months, as global markets tumbled on concern over the global economy and European debt crisis, new data showed on Tuesday.
The outflow reverses net flows in the previous three months, cutting the year-to-date allocation to hedge funds investing in the region to about $5 billion, data from industry tracker Eurekahedge showed.
