China, Japan hedgies on track for bumper year

China-focused hedge funds were the best performers in November globally, largely due to a rebound in the country's stock markets, while Japan strategies are also on course for a stellar year after a strong month. China funds gained 3.26% in November and, despite a volatile year for equity markets, they are up 16.01% so far this year, according to data provider eVestment. This is due to decent equity market performance recently, says Peter Laurelli, vice-president of the researc…