Thu, Dec 14, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asia emerges as new leading hedge fund center

Tuesday, August 16, 2011

From Precy Dumlao, Opalesque Asia:

In Part One of this series, we discussed how Asian managers are offering more diverse opportunities for the hedge fund industry. In this article, Singapore-based hedge fund research firm GFIA presents facts that show how Asia is emerging as a major competitor with London and the U.S. in the hedge funds universe.

According to GFIA Pte. Ltd.’s latest Hedge Fund Insight communication, over the last five years, the geographical balance in the hedge fund industry has been continuously shifting and the dominance shared by London and New York has been fading as Asia emerges as a new leading hedge fund center.

GFIA noted that historically problematic issues, particularly raising assets the region’s distance from many allocators, are now almost non-existent. The past couple of years have seen Asia becoming increasingly attractive for managers wanting to set up new offices.

Two of the major advantages of Asian cities are low rental and operational costs compared to London and New York. And despite rental costs in key Asian cities increasing in recent years, they are still relatively low compared to their Western counterparts.

But the most important advantage offered by Asia is its more liberal regulation. While hedge fund managers in the West are threatened with increase......................

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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  3. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  4. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  5. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans