China HF up 1.94% in August

The Eurekahedge Greater China Hedge Fund Index was up 1.94% in August, bringing their five-month performance to 28.33% since end-March. In the same vein, the total AUM of the region also grew by 31.3% since end-March from US$38.5 billion to US$50.5 billion, primarily driven by performance-based growth which accounts for US$11.2 billion from its total increase of US$12.0 billion.