Thu, Aug 6, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Asia hedge funds fastest growth puts spotlight on local talent: hedge fund news, week 41

Monday, November 04, 2019

In the week ending November 1st 2019, media reports said that as more and more big hedge funds expand in Asia and the region's assets under management grow at a faster clip than in the US and Britain, industry executives say the number of qualified candidates has failed to keep up.

Hedge funds have responded by poaching from rivals, sweetening compensation packages for star performers and committing more resources to younger employees. Hedge funds were active hirers in the third quarter, bolstering their marketing and fundraising teams at a time when investors were actively pulling money out of the industry, said a report.

Meanwhile, hedge funds early in their lifecycle are outperforming established managers by almost 4% per annum, said a new report. However, only half of hedge fund investors would consider evaluating an early lifecycle hedge fund, and even fewer would invest, revealed the report by Preqin produced in partnership with US-based alternatives asset management firm 50 South Capital.

In new launches, JP Morgan Asset Management beats its fundraising target and closed special situations fund on $1bn+; SAVA Investment Management ......................

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. Investing: Yield stocks are the way to go for this Australian hedge fund, Tech stock rally is far from repeating the 1990s dot-com bubble, SunTrust says, Stocks now in 'the painful stage' before a more balanced bull market emerges, Morgan Stanley chief US equity strategist says[more]

    Yield stocks are the way to go for this Australian hedge fund From Bloomberg: Equities that offer attractive yields are the last remaining place investors can get returns in a world of zero interest rates, according to Kardinia Capital. The Sydney-based absolute return manager of one

  2. Study: Small endowments and foundations fall behind in the pandemic, Covid-19 could be trigger for widespread mandate losses[more]

    Small endowments and foundations fall behind in the pandemic From Institutional Investor: Bigger allocations to alternative assets may be benefiting their larger peers - for now. Large endowments and foundations in the U.S. beat smaller ones in the first quarter, reversing last year's per

  3. GCM Grosvenor to merge with Cantor Fitzgerald SPAC, to go public[more]

    Laxman Pai, Opalesque Asia: GCM Grosvenor, a global alternative asset management solutions provider with approximately $57 billion in assets under management, is planning to go public by merging with a special purpose acquisition company backed by the financial-services firm Cantor Fitzgerald in

  4. Ocean Avenue Capital Partners wraps up the fourth fund at $350m[more]

    Laxman Pai, Opalesque Asia: California-based lower-middle market private equity firm Ocean Avenue Capital Partners (OACP) has closed its fourth fund at a hard cap of $350 million, beating its $300 million target. OACP, which manages approximately $1.3 billion of capital, expects that represe

  5. New Launches: Hedge-fund launches pick up despite Covid-19 pandemic, Taconic launches new credit fund, Deerfield raises another $2.5bn as investors flock to health care investments, Blackstone's second fund targeting GP stakes raises $3.5bn so far, Morgan Stanley IM targets greener recovery with Euro sustainable funds, UCL hits $131m first close for sophomore venture capital fund, Fulcrum launches climate change fund, Blackbird raises $356m fund, Crypto venture fund raises $110m from universities, Prime Capital launches Liquid Alternatives Credit fund of funds[more]

    Hedge-fund launches pick up despite Covid-19 pandemic From WSJ: Raising money for a new hedge fund long was contingent on a host of in-person meetings. But a slate of managers are launching sizable startup funds despite complications wrought by the new coronavirus. Hedge-fund man