Asia's Hedge Funds Just Had Their Worst Year Since 2008
- Quantedge’s global fund plunged 29% in its ugliest year
- Asia’s Graticule, Greenwoods, Orchid China also lost money
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As investor updates for the final month of 2018 trickle in, there’s one overriding message: December capped a year most hedge-fund managers in Asia -- and their clients -- would rather forget.
From ill-timed bets on Chinese tech stocks to simultaneous collapses across asset classes that typically don’t move in tandem, firms that have rarely had a losing year turned in dismal report cards.