Tue, Aug 22, 2017
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: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  3. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  4. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  5. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc