Fri, Apr 27, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

China-focused hedge funds down 1.00% in February (-1.88% YTD), total AuM estimated at $18.7bn - HFN

Friday, March 25, 2011

From Precy Dumlao, Opalesque Asia:

Hedge fund data tracker HedgeFund.net has released its latest HFN Regional Focus Report: China that showed HFN China Index down -1.00% in February (-1.88% YTD) compared to -4.36% (-3.29% YTD) in the LTM for the MSCI Golden Dragon Index.

Tracking the performance and assets of 91 active funds that invest primarily in China's markets and securities, HFN estimated the total assets of hedge funds in the region at $18.7bn as at the end of 2010. The volume was 22% below the estimated $22.84bn recorded during its peak in the third quarter of 2007. China fund's AuM fell below $10bn at the height of the global financial crisis.

Interestingly, China-focused funds generated strong inflows throughout 2010 with an estimated $3.5bn inflows or a rise of 25%. This, despite mediocre performance last year, HFN data showed.

The report, prepared by Peter Laurelli, CFA, HFN's Vice President of Channel Capital Group Inc., indicated that the average median assets for China-focused funds is $74m. This is below Brazil's median which averages $109m but is bigger than Russia, India, and MENA focused funds, with average median assets of $63m, $41m and $31m, respectively.

In terms of performance, the HFN China Index rose 91% since 2006, compared t......................

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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its