Wed, May 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian hedge funds receive fresh funds from Chinese investors

Tuesday, November 26, 2013

Komfie Manalo, Opalesque Asia:

Asian hedge fund managers received a much needed shot in the arm after Chinese investors poured large sums of money into them, breaking a long tradition of dependence from U.S. and European investors.

According to a Reuters report, the new trend could change the landscape of the Asian hedge funds industry and also mark a significant shift in Chinese investors attitude towards offshore investments.

Industry sources told Reuters that they are seeing a significant shift of China’s money flow. This year alone, at least half a dozen Hong Kong-based hedge funds, most of which invest in Greater China, received an estimated $500m from Chinese investors from the mainland.

The report cited Zhang Lei, founder of Asia's biggest hedge fund Hillhouse Capital, as one of the investors, as well as members of China's wealthy elite, Chinese private equity firms and gold producer Zijin Mining Group.

An earlier report by The Journal said that several large overseas investors are bullish towards Asian hedge funds. The report said that deep-pocketed pension and endowment funds—many from the U.S.—are coming to Asia in droves, ready to put cash in the region's hedge funds as the industry rounds out what is shaping ......................

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: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  2. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  3. Institutions - Institutional investors turn to real estate, planes, Assets at Boston’s five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  4. Opalesque Exclusive: BMO launches multi-strat '40 act fund[more]

    Bailey McCann, Opalesque New York: As we reach new market highs, investors are looking for a way to diversify and protect their portfolios from a potential market correction. Liquid alternatives are rapidly gaining ground as a critical tool for investors to use to mitigate downside risk. The BMO

  5. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AM’s latest Weekly Briefing, in t

 

banner