Mon, Apr 27, 2015
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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner