<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0707</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001606339</cik>
        <entityName>Counterpoint Asian Macro Fund</entityName>
        <issuerAddress>
            <street1>C/O INTERTRUST CORP. SVS (CAYMAN) LTD.</street1>
            <street2>190 ELGIN AVENUE, GEORGE TOWN</street2>
            <city>GRAND CAYMAN</city>
            <stateOrCountry>E9</stateOrCountry>
            <stateOrCountryDescription>CAYMAN ISLANDS</stateOrCountryDescription>
            <zipCode>KY1-9005</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>852 5808 5700</issuerPhoneNumber>
        <jurisdictionOfInc>CAYMAN ISLANDS</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Other</entityType>
        <entityTypeOtherDesc>Cayman Islands exempted company</entityTypeOtherDesc>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2014</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Phillip</firstName>
                <lastName>Kay</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Intertrust Corp. Svcs (Cayman) Ltd.</street1>
                <street2>190 Elgin Avenue, George Town</street2>
                <city>Grand Cayman</city>
                <stateOrCountry>E9</stateOrCountry>
                <stateOrCountryDescription>CAYMAN ISLANDS</stateOrCountryDescription>
                <zipCode>KY1-9005</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of the Company and the Master Fund</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Richard</firstName>
                <lastName>Crowder</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Intertrust Corp. Svcs (Cayman) Ltd.</street1>
                <street2>190 Elgin Avenue, George Town</street2>
                <city>Grand Cayman</city>
                <stateOrCountry>E9</stateOrCountry>
                <stateOrCountryDescription>CAYMAN ISLANDS</stateOrCountryDescription>
                <zipCode>KY1-9005</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of the Company and the Master Fund</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <lastName>Walker</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Intertrust Corp. Svcs (Cayman) Ltd.</street1>
                <street2>190 Elgin Avenue, George Town</street2>
                <city>Grand Cayman</city>
                <stateOrCountry>E9</stateOrCountry>
                <stateOrCountryDescription>CAYMAN ISLANDS</stateOrCountryDescription>
                <zipCode>KY1-9005</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of the Company and the Master Fund</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Warren</firstName>
                <lastName>Keens</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Intertrust Corp. Svcs (Cayman) Ltd.</street1>
                <street2>190 Elgin Avenue, George Town</street2>
                <city>Grand Cayman</city>
                <stateOrCountry>E9</stateOrCountry>
                <stateOrCountryDescription>CAYMAN ISLANDS</stateOrCountryDescription>
                <zipCode>KY1-9005</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of the Company and the Master Fund</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Geoffrey</firstName>
                <lastName>Barker</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>City Financial Investment Co. (HK) Ltd.</street1>
                <street2>16th Floor, 8 Queens Road Central</street2>
                <city>Hong Kong</city>
                <stateOrCountry>K3</stateOrCountry>
                <stateOrCountryDescription>HONG KONG</stateOrCountryDescription>
                <zipCode>0000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of Issuer's Investment Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>C.</middleName>
                <lastName>Hain</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>City Financial Investment Co. (HK) Ltd.</street1>
                <street2>16th Floor, 8 Queens Road Central</street2>
                <city>Hong Kong</city>
                <stateOrCountry>K3</stateOrCountry>
                <stateOrCountryDescription>HONG KONG</stateOrCountryDescription>
                <zipCode>0000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of Issuer's Investment Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Andrew</firstName>
                <lastName>Williams</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>City Financial Investment Co. (HK) Ltd.</street1>
                <street2>16th Floor, 8 Queens Road Central</street2>
                <city>Hong Kong</city>
                <stateOrCountry>K3</stateOrCountry>
                <stateOrCountryDescription>HONG KONG</stateOrCountryDescription>
                <zipCode>0000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of Issuer's Investment Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Levitan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>City Financial Investment Co. (HK) Ltd.</street1>
                <street2>16th Floor, 8 Queens Road Central</street2>
                <city>Hong Kong</city>
                <stateOrCountry>K3</stateOrCountry>
                <stateOrCountryDescription>HONG KONG</stateOrCountryDescription>
                <zipCode>0000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of Issuer's Investment Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Li</firstName>
                <lastName>Ronald</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>City Financial Investment Co. (HK) Ltd.</street1>
                <street2>16th Floor, 8 Queens Road Central</street2>
                <city>Hong Kong</city>
                <stateOrCountry>K3</stateOrCountry>
                <stateOrCountryDescription>HONG KONG</stateOrCountryDescription>
                <zipCode>0000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Operating Officer Issuer's Investment Manager</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001606339-14-000001</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2014-03-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>11300000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>USD 11,300,000 denotes amount sold to US only investors since inception of the Fund (for which there were no additional US investments during this filing period).  The previous figure of USD 92,500,000 reflected total global amount sold since inception.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Counterpoint Asian Macro Fund</issuerName>
                <signatureName>/s/ Warren Keens</signatureName>
                <nameOfSigner>Warren Keens</nameOfSigner>
                <signatureTitle>Director</signatureTitle>
                <signatureDate>2016-04-07</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
