Asian hedge funds: Comfortable with quant
Distressed debt has been a fairly popular strategy among Asian hedge funds. According to Eurekahedge, about $6 billion is being managed in distressed debt Asian hedge funds. Average performance of the funds up to the end of July was 5.71%, making it entirely possible to reach double digits by the end of the year. Moe Ibrahim has been running the Asian Debt Fund since January 2004.
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