Sun, Mar 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Domestic Asian hedge fund managers outperforming outside managers in the region

Monday, December 03, 2012

amb
Natalie Cruz
Bailey McCann, Opalesque New York:

The Asian hedge fund industry is estimated at approximately $126bn across 800 managers; 35% of those Asian focused funds are located outside of the region, and they tend to underperform their Asian counterparts - according to new data from Gottex Penjing Asset Management. The data reflects the rapid pace of hedge fund growth focused on the region - since 2000, the Asian hedge fund industry has grown 550% from $19bn to $126bn, a pace which is likely expected to continue as more Asian governments take steps increase access to their markets.

Looking at the period of October 2001-July 2006, Gottex data shows that Asian domiciled managers outperformed Asia focused but non-domiciled managers by 36%. During the crisis, both sets of managers were down roughly in the same range -26% for Asia domiciled managers and -29% for non-domiciled managers respectively. In 2009, following the crisis, fund performance largely returned to pre-crisis levels with Asian domiciled managers up 32% over their non-local counterparts.

Some 1300 funds make up the Asian hedge fund market overall, but few of them have yet to join the billion dollar club the report notes. Despite that, investors now see Asia as a means of gaining equities exposure with better returns than they might otherwise see in more developed markets such as the US and Europe. 50% of Asian hedge funds are equities focused, and according to data from Eurekahedge, comparing the Asian Hedge Fu......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He