Fri, Apr 18, 2014
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

Banner
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. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  4. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo

  5. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an