Feast or famine: tracking AsiaÆs hedge funds

Two new indices claim to track the ups and downs of Asian hedge funds, but each uses different parameters to calculate their monthly performance.

It was a race to see who would be first but, in the end, only a few days separated the launch of two new indices tracking the Asian hedge fund market. The first announcement came on Friday when Singapore-based Eureka Hedge Fund Advisors launched its Asian Hedge Fund Index.

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