Asian hedge funds’ 2024 performance hits 15-year high

Hong Kong — Asian hedge funds delivered their strongest returns in 15 years last year, capitalising on market volatility, winners in China’s wobbly economy and opportunities in artificial intelligence (AI).The HFRI Asia with Japan Index, which tracks hedge funds that mainly invest in the region, rose 12.1% last year — its best annual growth since 2009. HFR is one of the largest global hedge fund data platforms.The year 2024 was volatile for most investors amid capital flows from the..