Tue, Oct 21, 2014
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

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of