Fri, Oct 28, 2016
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. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  2. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  3. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso

  4. Barclay CTA Index down 0.40% in September (+0.10% YTD)[more]

    Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe

  5. Opalesque Exclusive: Meet Emma, your friendly A.I. helper[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Shaunka Khire, who co-designed an artificial intelligence (AI) robot called EMMA/MANSI, talks to Opalesque