Non-US funds top list of best performing hedge funds, says research firm

Boston

THE United States has been home to the world's biggest hedge funds, but the industry's most consistent strong performers generally hail from other nations, according to data released on Tuesday.

Mauritius-based Arcstone Capital's Passage to India Opportunity Fund, Great Britain-based Stratton Street Capital's Japan Synthetic Warrant Fund and India-based Fair Value Capital Management's India Insight Value Fund rank are the three top performing hedge funds over the last three years, according to research firm Preqin. None are household names but at a time that investors are searching for a crop of new winners, institutional investors are examining the list closely.