Sat, Oct 25, 2014
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

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. 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

  2. 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

  3. 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

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t