Thu, May 5, 2016
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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n