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GFIA: Less than 50% of new Asian hedge funds were L/S equity funds, over 50% of funds smaller than $50m

Friday, July 30, 2010

Opalesque Industry Update - GFIA pte ltd has released the 14th edition of its long-running review of the Asian hedge fund industry. In this paper, GFIA provides an overview of the Asian hedge fund industry based on industry growth, geographic and strategy trends, hedge funds capacity and characteristics specific to Asian strategies that GFIA has monitored since it commenced coverage in 1998. Some findings include:

- Fewer than 50% of newly launched funds this year were long/short equities funds, with notable increases in strategies uncorrelated to equity markets.

- Generally, few managers are seeing inflows and the asset raising environment remains tough. Currently more than 50% of Asian hedge funds have asset sizes of less than US$50m.

Peter Douglas CAIA, principal of GFIA, commented: “While the Asian hedge fund industry continues to mature in terms of the breadth of the investment opportunities, and the depth of the operational proposition it offers investors, asset sizes remain constrained. There’s an excellent current opportunity for investors to engage with small, motivated, managers in Asia, with interesting strategies and well resourced businesses.“ Corporate website: Source

- FG

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