Worst Of Hedge Funds In Q1: Asia And Emerging Markets

We have discussed the best of hedge funds in the first quarter in a previous article. The period was not particularly charming for the industry, but was particularly gruesome for Asia and emerging markets. Equity markets in these regions went through big falls, making long/short equity managers suffer, while macro managers did relatively better. On the other hand, European hedge funds did better than other regions, as they recorded their 16th consecutive month of inflows with AUM rising to a record high of $476.2 billion, according to a Eurekahedge report.