Sat, Jan 31, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would