(1888PressRelease)
September 21, 2007 - Research conducted by hedge fund tracker Hedge Fund Net (HFN) has revealed that India-focussed hedge funds are among the best hedge fund performers over the last five and a half years.
According to the firm, which tracks the performance of around 7,000 hedge funds across the world, India-focussed hedge funds have delivered an average return of 19.6 per cent so far this year.
Meanwhile, performance of India-focussed hedge funds in the last 12 months has outstripped that of rivals on the Sensex by 53.6 per cent to 45 per cent.
Consequently, the value of total assets managed by hedge funds which mainly invest in Indian markets has risen from $2.8 billion at the end of 2005 to $13.87 billion at the end of the second quarter of 2007.
However, the HFN study - titled Regional Focus Report on India Focused Funds - notes that the ability of India-focussed hedge funds to beat the Sensex benchmark is a fairly recent development.
"In 2005 and 2006, the average India fund returned 21 per cent and 27.86 per cent, while the Sensex returned 42.33 per cent and 46.70 per cent, respectively," the report stated.
Now, though, "hedge funds investing in India trail only China as the best performing region or country of investment focus".
Further analysis of the hedge fund sector could be supplied by Aranca, an end-to-end provider of on-demand, custom investment, business and economic research.
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