Thu, May 26, 2016
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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  5. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year