(Bloomberg, New York) The Chinese economic recovery is facing many uncertainty, and the tension between China and the United States has increased geopolitical risks. Foreign investors are losing interest in China.Data show that the number of active hedge funds focusing on China has fallen for the first time since 2012.
According to Bloomberg, the data of alternative asset data and insight institutions Previn shows that as of June this year, the number of active funds focusing on China has fallen to 656, which is lower than 669 last year; and only launched this year only launched this year.Five new funds are the lowest since 2012; and 18 other funds have been liquidated.
Ruiqin data also pointed out that 62%of Chinese funds in the first half of this year were not profitable.
EUREKAHEDGE data of the Global hedge fund database also shows that focusing on Chinese hedge funds, especially stock selection funds, is facing unprecedented continuous losses for the second consecutive year, more than two -thirds focus on focusing onChina's hedge funds suffered losses in 2022, and 36%of funds fell by one -fifth or more.
People familiar with the matter said that the Tianjun China Fund has lost more than 20%every year in the past two years, and it has fallen 16%from January to July this year.Essence
It is reported that the Chinese offshore hedge fund accounted for almost half of the Asian New Fund in 2021, and the current situation marks the major change in China's offshore hedge fund.China's offshore funds have some common characteristics, which is particularly vulnerable to the latest supervision and geopolitical adverse factors.
