Mon, Jun 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian fund of hedge funds’ assets fell 50% in 2012

Monday, March 04, 2013

From Precy Dumlao, Opalesque Asia – Assets of Asian fund of hedge funds (FoHFs) fell 50% from $35bn in 2011 to $16bn as at end 2012, according to a report in AsianInvestor.net.

The report quoted Ross Ford, manager of hedge fund profiles for Preqin, as saying that the drop in Asian FoHF was in contrast with the growing trend in North America where assets grew from $485bn in 2011 to $506bn in 2012.

The drop in Asian FoHFs assets is also a reversal of industry-wide trend wherein investors pledged to increase its allocations into the space. In its February edition of its Hedge Fund Spotlight, Preqin, reported that 65% of investors surveyed by them pledged to include funds of hedge funds as part of their hedge fund allocation.

The report added that 12% of fund of hedge funds investors interviewed plan to increase their allocation to funds of hedge funds in 2013, with an additional 53% planning to maintain their exposure over the coming year. Preqin noted that funds of hedge funds started 2013 with a positive return and generated 2.10% in January.

Ford was quoted as saying, "Asia Pacific-based fund of hedge funds have seen a larger proportion of outflows in 2012 and this can partly be attributed to their below-expected performance in 2......................

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 Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider