Japanese hedge funds top global peers with 25% gain

Japanese hedge funds were the best performers globally in 2013 with an average gain of 25.7%, although they saw net outflows of $300 million during the year, according to Eurekahedge.  While Japanese managers were able to generate gains from a booming stock market, they were on average below the Nikkei 225's gain of 57%, which was the best-performing broad market last year.  However, there have been outperformers such as Tokyo-based Symphony Financial Partners'  SFP Value Realiz…