Sun, Jun 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

GFIA white paper: Slower and smaller fund launches in the Asian hedge fund universe

Wednesday, May 05, 2010
Opalesque Industry Updates - GFIA pte ltd, the Singapore based specialist in skill-based managers in Asian and emerging markets, has released a research paper on the trend of the Asian hedge fund launches, including a review of how the strategy mix has changed over the years.

In this paper, GFIA studied the profile of the fund launches, and uncovered that despite a slow growth in the number of new fund launches, the industry is still progressing at a healthy rate, although the launches are getting smaller. The most currently relevant findings are:

  • It is increasingly difficult for new and smaller funds to raise assets. As of end-March 2010, 70% of the funds launched in 2008 and 2009 are still US$50m or less.
  • Managers are launching smaller funds. The average fund launch size in 2009 had decreased to US$40m at launch, half the figure for 2007.

Peter Douglas CAIA, principal of GFIA, commented: “The key issue for the majority of hedge funds in Asia is the current difficulty in raising assets. There’s no shortage of great managers and underexploited opportunities – the constraint is finding allocators with the experience, mandate, or confidence to allocate to skill-based managers in Asia.”

The white paper is available on request from GFIA, or at www.gfia.com.sg (registration required)

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  2. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  3. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  4. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  5. Barclay Hedge Fund index gains 0.50% in May, 4.13% YTD[more]

    Hedge funds gained 0.50% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 4.13% in 2017. The Barclay Hedge Fund Index has now been profitable for seven months in a row, with a cumulative gain of 6.10%. The Barclay Technology Index has gained 12.27% in the fi