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Asian hedge funds among hardest hit in May

June 09, 2010  

From Leigh Powell

All regional mandates ended in negative territory last month on the back of equity market volatility and euro-zone sovereign debt trouble. Hedge fund indexes for Eastern Europe & Russia and Asia ex-Japan sank the most, finds Eurekahedge.

Asian hedge funds were among the hardest hit in May amid a global industry contraction on the back of equity market volatility and sovereign debt problems in the euro-zone.

Hedge funds globally sank an average of 1.88% last month, according...


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OFFSHORE RENMINBI DCM

Rank Bookrunner Value ($m) No. %Share
1 HSBC 2,717 31 19.6
2 Standard Chartered Bank 1,889 26 13.6
3 Bank of China Ltd 1,561 17 11.2
4 Deutsche Bank 893 13 6.4
5 Industrial & Commercial Bank of China - ICBC 827 12 6.0
6 Agricultural Bank of China Ltd 607 7 4.4
7 Goldman Sachs 570 8 4.1
8 Citi 569 8 4.1
9 China International Capital Corp Ltd 461 5 3.3
10 DBS 442 9 3.2
Subtotal 10,534 72 75.9
Total 13,886 81 100.0

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