Tue, Jul 26, 2016
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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe