Fri, Mar 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian hedge fund managers offering more diverse opportunities, Part One

Monday, August 15, 2011

From Precy Dumlao, Opalesque Asia:

The Asian hedge fund industry has come a long way since data was first tracked by Singapore based hedge fund research firm GFIA Pte. Ltd., in 1998. But Asian hedge fund managers only started getting attention from allocators between 2003 and 2004 when allocators actually began doing research on the region. Since then, the Asian hedge funds universe has evolved and its managers are now offering a more diverse opportunity set, according to GFIA.

In its latest Asia Hedge Funds Note, GFIA reported that the Asian markets have matured and developed in complexity in the past several years. Thus, available instruments for hedging have also grown in both variety and liquidity. This development brought an increasing number of managers with low or minimal correlation to equity markets.

The report stated: "Long-short equity, multi-strategy and event driven funds have somewhat higher than normal correlations, but it is still possible to construct a portfolio of diversified Asian exposure with low market correlations. We did observe significant spikes in correlations during the financial crisis in 2008, but correlations have been gradually coming down since. Nonetheless, the dictum that 'in a bear market the only thing that goes up is correlation’ is especially true of this region, and is a corollary of the provisional liquidity discussed earlier."

Asian hedge funds saw increased all......................

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 fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He