Mon, Jul 6, 2015
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. 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. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. 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

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner