Tue, Sep 26, 2017
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. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  3. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  4. Artificial intelligence may replace 40% of all jobs: Bridgewater founder Ray Dalio[more]

    From Foxbusiness.com: Bridgewater Associates founder Ray Dalio said Friday that almost half of the jobs in the next two decades will be replaced by artificial intelligence. "By in large, the world is going to largely consist of people who can take language and put it into code, which then allo

  5. Opalesque Exclusive: US investment firms must have tailored cybersecurity policies and procedures in place[more]

    Benedicte Gravrand, Opalesque Geneva: Cyber attacks are on the increase. One of the last victims was Equifax, a US credit scoring agency. As a result of its insufficient cybersecurity program, the agency was slapped with state and federal investigations, private lawsuits and a summons for chief e