Sat, Apr 21, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

GFIA believes Asian hedge fund success lies in the strength of the underlying markets

Monday, October 28, 2013

Beverly Chandler, Opalesque London:

Asian hedge fund specialists GFIA estimate that there are now 760 funds dedicated to Asian markets. In its latest report, the firm comments: "Out of the reporting managers, 481 are run out Asia. As the competition for scarce asset intensifies, a significant number of previously "under-the-radar" managers have registered themselves on hedge fund databases to raise public exposure." However, they also note that a noticeable number of very small funds have ceased to update their profiles on databases. "We suspect this is either due to poor performance, or the time lag between liquidation and being eventually classified as such on databases. These managers are not necessarily leaving the industry, but are consolidating with larger managers, or closing the fund management entities to focus on managing proprietary capital. We are also aware that a number of the very large funds increasingly prefer not to report to databases; the transparency of the Asian hedge fund industry continues to decrease. Funds which are closed to new money also do not have any incentive to report."

GFIA reports for the first half of 2013, they saw six new launches and 10 closures. "The new launches were mostly small start-ups focusing on long short equities. In terms of closures, we saw relative value strategies retreat the most relative to the size of their strategy buckets, although long-short funds saw the most e......................

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 - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its