Thu, Oct 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian hedge fund managers bullish about 2013 prospects

Wednesday, January 23, 2013

From Komfie Manalo, Opalesque Asia – Hedge fund managers in Asia are bullish about their prospects in 2013 in the light of positive performance in 2012, Alexander Mearns, Eurekahedge chief executive told Asian Investor.

Mearns was quoted as saying, "There were, and continue to be, substantial gains to be made through inefficient prices within the Asean region for those who look hard enough."

According to the latest data, the Eurekahedge Asia ex-Japan Hedge Fund Index posted an 11.5% gains last year as against the MSCI Asia ex-Japan which rose 19.4% during the same year.

According to Mearns, many of Asia’s long/short equity fund and multi-strategy funds made money in 2012 "by maintaining a long bias in their portfolios."

This year, Mearns said Eurekahedge expected positive net inflows into Asian hedge funds given its good returns in 2012. Industry estimates put total Asian hedge fund assets at about $140bn, below a peak of $176bn in 2007.

Surprisingly, it was smaller hedge funds that registered better results last year than their much bigger counterparts as the region’s larger hedge funds – those managing more than $500m – delivered weaker returns.

Industry researchers said that blue chip funds such as Ortus Capital ......................

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