Tue, Jun 30, 2015
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 Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  4. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  5. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

 

banner