Thu, Sep 3, 2015
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

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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  4. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  5. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

 

banner