Tue, Dec 1, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian hedge funds have faced challenging times since 2008

Tuesday, June 04, 2013

Thor Monsen
By Beverly Chandler, Opalesque London

The Opalesque 2013 Hong Kong Roundtable, sponsored by Bingham McCutchen, Eurex and Taussig Capital saw Thor Monsen, director, Citi Private Bank, commenting that the last five years have been challenging for the Asian hedge fund industry.

He said: "In this period we have been through two of the worst years ever seen in the history of hedge funds: 2008 and 2011. But a much overlooked fact is that Asian hedge funds overall have made positive returns from the beginning of 2008 to today, whilst the Asian equity markets have been negative over the same period. This is real outperformance in terms of total return with significant lower volatility."

Since 2008, Monsen has found that there is a more structural issue challenging Asian managers as the net inflow into the industry has come from pension funds and endowments. "These investors are finding it difficult to identify funds in Asia that meet their investment criteria. I can understand that these investors are more comfortable allocating to a large US or global fund than some Asia specific fund based in Hong Kong or Singapore" he said. But the result is that Asia has been missing out on the inflows into ......................

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From PIonline.com: Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Commodities - Stung by oil, distressed-debt traders see worst losses since '08[more]

    From Bloomberg.com: It’s mid-November, but for investors who trade in the debt of distressed companies, the year’s already done -- and they lost. Hedge funds that specialize in the debt are grappling with their worst declines in seven years. Funds managed by Knighthead Capital Management, Candlewood

  4. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  5. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega