Sat, Apr 21, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

BNY Mellon study reveals Asian hedge fund industry offers promise of growth

Monday, May 14, 2012

From Precy Dumlao, Opalesque Asia – The Asian hedge fund industry holds promise despite the challenging financial and economic climates this generation is facing, said BNY Mellon in its latest report titled, Outlook for the Asian Hedge Fund Market in 2012 – Is A New Norm Emerging?.

Andrew Gordon, author of the study and head of BNY Mellon Alternative and Broker-Dealer Services in Asia said that the Asian hedge fund industry is still not as large as its Western peers and is comprised mostly by small to medium-sized managers, the region is still faced with threats of further fund closures and downsizing.

"Despite a tough fund raising environment everywhere in 2011, Asia experienced a solid year. The average size of a fund launch in Asia in 2011 was the same as Europe, for the first time, at around $40m. Some of the Asian mid-sized funds did very well, although it should be noted that these figures are enhanced by the success of a small number of new, larger hedge funds in the region," the report said.

But Gordon also admitted that while the current volatility in the global financial markets hung a dark cloud over Asia, its fund industry offers some positive signs. He said there are some fund managers in Asia that are raising capital who are not just committed to superior investment performance, but also to......................

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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its