Hedge funds can't keep up with China's surging stock market
On track for their best showing since 2009, they are still lagging behind the MSCI China Index by the widest margin on record
Hong Kong
IT WAS a good year for hedge funds betting on rising and falling stocks in Greater China. Just not good enough to beat a spectacular market rally.
Long-short equity hedge funds investing in the region returned an average 30 per cent through Nov 30 and notched this year's biggest gains among global peers. While that puts the funds on track for their best annual performance since 2009, they are still lagging behind the MSCI China Index by the widest margin on record, according to Eurekahedge data as of Dec 14.
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