Mon, Feb 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Most Asia Pacific hedge funds generate substantial returns in June - Part 1

Thursday, July 03, 2014

Komfie Manalo, Opalesque Asia:

The majority of Asia Pacific hedge fund managers generated substantial returns above the index (as tracked by AsiaHedge Asia inc Japan 1.4%) in June, said Singapore-based Asian hedge funds specialist GFIA said. The outperformers in the month include stock pickers like New Harbour Asia (3.4%), NT Asia Discovery (3.4%) and Albizia ASEAN (2.6%) where the latter’s Thailand holdings actually benefitted from the coup.

Other Asian country specialists also benefitted from the region’s upward momentum last Month, GFIA said. Doric Small Caps (12.9%), in particular, is one of the few small cap managers with an active short book. The fund harvested handsome gains from their positive tactical stance in India as well as short positions in Australia, China and South Korea. Kelusa Asia (-6.4%) is one of the negative outliers in May as they had negative returns coming from both their long and short books. With a -6.6% generated from stock-picking, the rally in May was unable to buoy the fund above water.

"Political factors took center-stage in much of Asia in May," GFIA said in its monthly Research Insight. It went on to say, "In India, the election of Bharatiya Janata Party’s Modi was well-received by investors with many seeing a new era for the country if promised reforms take hold. Thailand saw the army declare martial law before staging a coup, while in Indonesia the focus remains on the impend......................

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: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways