Asian Hedge Funds Continue To Dominate HSBC Rankings

Asian Hedge Funds continue to dominate the top listings of HSBC’s weekly hedge fund performance report, while systematic names that dominated last year’s rankings have been generally finding difficulty in May along with some top names. William Ackman’s Pershing Square is tops among activists in the ranking, but the HSBC category is lagging the S&P 500 thus far this year. As China’s stock market rockets higher, Asian hedge funds tag along for the ride Half of the top ten best performing hedge funds year to date have a focus in Asia, with a particularly large exposure to China. The top…