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Asian hedge funds see waning demand in first-half data
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On the positive side, there is rising demand for Japan strategies on the back of market reforms and a better economy.
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HONG KONG – Money continued to flow out of Asian hedge funds in the first half of 2023 as a disappointing China recovery and resilient stock markets outside the region pulled investors away.
Funds headquartered in Asia-Pacific recorded a net asset outflow of US$3.7 billion (S$5 billion) in the first half, the worst performance among four major regions, data from Preqin released on Thursday showed, although there were inflows in the second quarter. This followed a US$30 billion outflow in 2022.
