Fri, Jul 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Big Asia-focused hedge fund managers are growing larger

Wednesday, September 26, 2012

From Komfie Manalo, Opalesque Asia – Big Asia-focused hedge funds are getting bigger as large institutional investors prefer to invest in large hedge funds, according to Albourne Partners Asia head Richard Johnston at a recent conference in Hong Kong.

In a report by AsianInvestor.net it was learned that the majority of institutional investors are allocating to big hedge funds in the region in what one executive described as "the big allocating to the big".

According to Johnston, institutional investors tend to allocate to Asia-focused hedge funds with at least $500m in assets under management.

An independent figure released by Eurekahedge showed that 85% of Asian hedge funds have less than $200m in AuM. Only 6% of the region’s strategies have more than $500m which was a slight increase from only 4% in 2006.

Although Johnston noted that investors have not shown a particular trend towards a specific strategy, but he said there is a growing trend towards "more global portfolios, less Asia-only portfolios or less thematic portfolios" by hedge fund managers.

Separate data from Singapore-based hedge fund data provider GFIA counted only 12 purely Asian focused managers with over a billion AuM as at end June 2012. But the firm added the figure represented less than the total sum of hedged assets in Asia, since they discounted funds with a broad glo......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  5. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

 

banner