Mainland China’s Hillhouse Tops Asia Hedge Fund 25 Rankings

Despite a slowing China and a cooling Japan, Asia’s biggest hedge funds outperformed the global hedge fund indexes.

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When JD.com, China’s second-largest e-commerce retailer, completed a larger than expected initial public offering on Nasdaq at the end of May, the listing, which valued the company at $26 billion, did not just confirm investors’ appetite for Chinese Internet stocks; it also ensured the rise of Hillhouse Capital Management to the top of the Asian hedge fund universe.

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