FoHF assets leap in Asia, stumble in Europe

Asia-based hedge funds are gaining popularity quicker than those located elsewhere, and flows into funds of hedge funds were notably strong in the second half of 2013, according to eVestment’s latest global survey of fund administrators. Hedge fund asset growth by location of operations was twice as fast in Asia Pacific excluding Australia/New Zealand (by 13.5% to $42 billion) as in Europe (6.8% to $716 billion) or the US (6.4% to $2.16 trillion) in the period. Admittedly, this wa…