Fri, Dec 9, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Asia Pacific Intelligence

Editorial

Wednesday, January 09, 2013

Welcome to 2013 and to the January issue of Asia Pacific Intelligence. With the start of a new year, it's a good opportunity to take a peek back at how 2012 was for the Asian hedge fund industry and then to look forward at developments we can hope to see over the coming year.

This month's cover story is an extensive interview with Joseph Pacini, Head of Alternative Investment Strategy Group for BlackRock Asia Pacific and responsible for some $22bn in alternatives in the region. Pacini pinpoints opportunities for investors into Asia and within Asia over 2013. Dislocations, shortage of capital and volatility will all provide potential returns, he says.

For our 'View from here' regular column, we interviewed James Hay at Pangolin Investment Management whose $37m portfolio has achieved an annualised return of 16% since 2004, with investments in just four Asian markets: Singapore; Malaysia; Thailand and Indonesia. Not strictly a hedge fund, as the markets don't offer much in the way of hedging opportunities, Hay's fund is a value fund, hedging through natural opportunities that arise in inefficient markets.

Looking at the regulatory environment in Asia, both back to 2012 and looking forward to 2013, Kinetic Partners have produced a substantial report on how this will impact on financial services companies. Asia seems relatively calm but leaders from the financial services industry certainly seem to have concerns over the impact of new regulations in the coming year.

Beverly Chandler
Editor, Asia Pacific Intelligence
Chandler@opalesque.com

Beverly Chandler
About the editor - Based in the UK, Beverly Chandler has been a specialist hedge fund journalist and editor for many years. She has written extensively for the national newspapers, including the Financial Times, trade papers and established a number of hedge fund magazines and newsletters. She has also written a series of books on the subject, including Managed Futures - An Investor's Guide for Wiley Financial, and Investing with the Hedge Fund Giants, from Pearson. Beverly was the European editor for MAR Hedge from 1996 to 2000, the years when a great number of the hedge fund manager star names of today were starting to build their businesses. She was awarded the Rose Baratz journalism award by AIMA in 1992.

Beverly has also worked extensively in the hedge fund conference industry, chairing and filming interviews at events for the GAIM conferences among others.

 
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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest