About 58% of Asia-focused funds tracked by Preqin Ltd avoided losses in the first 10 months of the year, compared with just 32% in 2022. — Bloomberg
SINGAPORE: Asia hedge funds are set to post improved performances in 2023 after dodging the China investment minefield with winning bets tied to Japan’s rebound, economic trends and the artificial intelligence or AI-fuelled technology rally.
About 58% of Asia-focused funds tracked by Preqin Ltd avoided losses in the first 10 months of the year, compared with just 32% in 2022. Among the 2023 winners are funds overseen by Astignes Capital Asia Pte, Keystone Investors Pte, Panview Capital Ltd and Trivest Advisors Ltd.
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