Wed, Jan 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Adamas AM says China’s shadow banking not a sub-prime problem

Thursday, August 08, 2013

amb
Barry Lau
Benedicte Gravrand, Opalesque Geneva:

According to Adamas Asset Management , the shadow banking system may pose some market risk but little systemic risk to China’s financial markets. Furthermore, the firm says in its recent White Paper on China’s shadow banking, the recent "cash crunch" situation in China should be viewed as a temporary market distortion.

An independent alternative asset management firm, Adamas AM used to be called Gen2 Partners before rebranding earlier this year. It has assets under management of around $1bn and operates from offices in Hong Kong, Tokyo and Beijing.Barry Lau, managing partner at Gen2 Partners, attended the Opalesque Hong Kong Roundtable.

Shadow banking has become a dirty term in recent months – although the system is far from new. Some people compare it to the subprime crisis (akin to 2008’s) and say it will cause a collapse of the entire system. Some believe shadow banking is crucial to China’s developments, including that of SMEs (small and medium-sized enterprises). Adamas AM does not think that shadow banking is a sub-prime problem, but does agree that shadow banking helps SMEs get by.

The definiti......................

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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r