Sat, Mar 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Asia Pacific Intelligence

November news round-up: Asia Pacific hedge fund news this month included

Thursday, December 06, 2012

ASSET RISING

Global investors are avoiding Asian hedge funds according to a report from Reuters.
Opalesque reported on Gottex Penjing's survey of the Asian hedge fund market. You can read that piece here.
HFR research, reported on by Opalesque found that hedge funds are expanding through the emerging markets.

AUSTRALIA

Investors from the Asia Pacific region dominate investment into Australia, a new found.

CHINA

Coo Connect reported in depth that some experts feel the liberalisation of China's hedge fund market should be met with caution. Quoting Paul Smith, managing director for the Asia-Pacific region for the CFA Institute, the piece says:  "This is obviously a very exciting time as China is opening up its foreign exchange and capital markets to inward and outward investment. However, the exact timing of when the rules will be finalised are still unclear as policy debates in China often tend to be stop-start processes. Nonetheless, managers hoping to tap Chinese institutional money should prepare for the rules."

Celent's latest study on banks in China found that Chinese banks are well capitalized, but deregulation and increased exposure to global market forces will drive risk management upgrades, such as CVA. Other findings were that asset management companies require integrated, multi-asset portfolio and risk management technologies in response to greater investor sophistication and a broad range of financial products.

News came from China that China Merchants Securities (CMS) has become the first brokerage firm to qualify to become a custodian.

In another story, Opalesque reported that China had accused the US or over-regulation and blackmail in its financial dealings.

Opalesque also reported that China has relaxed hurdles for foreign boutique managers.

FUND LAUNCHES

Reuters reported that hedge fund manager Julian Robertson, who has trained and seeded some of the hedge fund industry's biggest stars, was making an investment in Tiger Pacific Capital, a hedge fund focused on Asia.

INDICES

GFIA reported that MSCI AC Asia Pacific ex Japan returned 0.4% over October, 12.8% year to date, while the MSCI AC Asia Pacific saw -0.4% over October and  7.1% year to date. AsiaHedge Asia ex Japan in dollar terms returned 0.8% for October and 9.6% for year to date; including Japan, AsiaHedge Asia showed October at 0.6%, year to date at 5.5% and HFRI Fund Weighted Composite index came in at 0.3% in October and  4.6% year to date.

JAPAN

Bloomberg reported that Edgebell Capital Co., run by former bankers at Goldman Sachs Group Inc. and Mizuho Corporate Bank Ltd., will start raising money for its global macro hedge fund from institutional and overseas investors after approval from Japan's regulator under a new fund rule.

SINGAPORE

Eurekahedge produced a survey of the hedge fund industry and its growth in Singapore.

TAIWAN

The Economist Intelligence Unit reported that the government there would be lowering barriers to foreign investment.

 
This article was published in Opalesque's Asia Pacific Intelligence our monthly research update on alternative investments in the Asia-Pacific region.
Asia Pacific Intelligence
Asia Pacific Intelligence
Asia Pacific Intelligence
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

banner