Asia hedge funds 2010 gains wiped out after poor May

Reuters, 9 Jun 2010
June 9 (Reuters) - Asia-focused hedge funds slipped into the red for 2010 after a poor performance in May, according to preliminary data from Eurekahedge.
The Singapore-based fund tracker said late on Tuesday its indices showed hedge funds focusing on Asia excluding Japan lost an average of 4.86 percent during the month of May, pushing total returns for 2010 to minus 3.15 percent. Full Story