The region's long/short equity strategies had the highest market correlation, followed by event-driven and arbitrage, according to Eurkeahedge.
A trend of asset outflows is reversing in Asia, but hedge funds are expected to find capital-raising tough this year.
A more expensive and competitive operating environment means that even seasoned managers may face fund closure.
Fund of hedge funds plan to increase or maintain their Asian allocations, although poor-performing managers are likely to see outflows, says Eurekahedge.
Helped by healthy returns on event-driven funds, Asian managers are outperforming their US and European counterparts.
More hedge funds are managing less than $20 million as the billion-dollar club shrinks, says data provider Eurekahedge.
New funds will face a challenging fundraising environment in Asia, as will the prime brokerages and administrators who serve them, Eurekahedge predicts.
Morgan Stanley has seen its share of hedge funds assets shrink, and Eurekahedge argues that the combined pre-crisis dominance of MS and Goldman is being eroded.
August saw the sector record its worst monthly stats so far this year, further clouding a weak performance in 2011. But research house HFR sees some cause for optimism.
Fewer launches from Asia puts the region behind the global growth rate.
New launches fuel asset growth, but allocations fall below expectations, says Eurekahedge.
Strong returns and steady economic growth are proving a big draw for investors.
A host of new names adorn the top 10 performing hedge funds year-to-date, according to Eurekahedge, none of which appeared on last year's list.
China, Indonesia and Thai funds rack up good results for alternatives managers in July.
The inflows are linked to positive sentiment on China, strong Indian hedge-fund performance, increased fund-launch and corporate-deal activity, and renewed interest in Japanese ...
But Hedge Fund Research Inc awards that dubious honour to Latin America funds. Either way, says GFIA, Asia-based hedge funds perform better than their Asia-focused peers ...
In May, Asia hedge funds suffered their biggest drop since October 2008, according to both Eurekahedge and Hedge Fund Research. Adding to managers' woes globally have been ...
Congratulations to hedge funds, which were upwardly mobile in every strategy last year.
Despite the woes in Dubai, hedge funds posted positive returns in November, but Asia funds lagged their peers.
Stats show a better month for hedge funds, but experts bicker over the prognosis.