Fri, Apr 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Fund allocation to Asia still low from non-Asian investors but locals are raising their share of allocation, says Paul Smith

Tuesday, March 23, 2010

amb
From Sagar Chakraverty, Opalesque Asia:

In a recent interview, Paul Smith, founder of Triple A Partners , shared his views with Opalesque's, Matthias Knab regarding the perceptions that both foreign and local investors have about Asia.

Triple A Partners is a seeder and distributor head-quartered in Hong Kong. The firm has seen a marked increase of new fund launches in Asia over last 6 months, primarily from managers with proprietary trading backgrounds, but also from investment bankers entering the hedge funds markets.

Smith said, "It is a tough environment to be in investment banking at this moment so a career in hedge fund management is a lot more attractive. Some of them have left that environment with considerable personal funds so they have been able to self-seed effectively; others have raised money through normal seeding channels."  

Asian markets as seen by foreign and local investors European and North American investors still allocate relatively small portions of their funds to Asia and typically look for 20%-30% returns. Non-Asian investors tend to allocate when markets are bullish and they do not have any long-term commitment to Asian markets "Sometimes you can be misled by the rhetoric into believing that investors are actually looking for true hedge fund......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Performance - Blackstone profits plunge 77% as performance fees dive, Hedge fund stars' fortunes hostage to market swings, Hedge fund manager goes from billionaire to millionaire in profits plunge, Hedge funds biggest losers in SunEdison's 'magic money machine'[more]

    Blackstone profits plunge 77% as performance fees dive From FT.com: Blackstone, the world’s biggest manager of alternative investments from private equity to real estate, suffered from sharply lower performance fees amid turbulent markets in the first three months of the year, even as it

  3. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  4. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  5. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the