Sun, Jan 21, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Asia Pacific Intelligence

Asia Pacific hedge fund news for March included:

Tuesday, April 09, 2013

ASIA

The IO&C reported that there may be a decision soon on the Asian Funds Passport pilot proposal. The proposed Asia Pacific version of Europe's UCITS funds, an Asian Funds Passport, was given a positive airing at the annual ASIC Forum for industry participants.

AUSTRALIA

Businessweek reported that Australia's Ascalon Capital Managers Ltd., a company owned by Westpac Banking Corp. (WBC) that invests in hedge- fund managers, bought a 30 percent stake in Singapore-based RV Capital Management Pvt as it expands its Asian investments.

CHINA

Asian Investor reported that mainland Chinese fund firms have set their sights on Europe, seeking to break into the European institutional market and sell the China growth story, although fears over market volatility both domestically and in Europe around Cyprus points to short-term fundraising difficulty.

Marc Saluzzi, chairman of the Association of the Luxembourg Fund Industry and partner for PwC's Luxembourg Financial Services practice, says he noticed an uptick in Chinese managers seeking advice on breaking into Europe in the second half of 2012.

Another story from Asian Investor revealed that LGT Capital Partners, the Switzerland-based alternative asset manager overseeing $25 billion, has launched a Beijing office, marking its first operation on the mainland. The Beijing office will be headed by Frankie Fang, who has been serving as LGT Capital's China representative since 2007. It is understood that LGT Capital will examine potential private equity deals in primary, secondary and co-investment opportunities on the mainland, with the Beijing office serving to research and monitor its investments.

EMERGING MARKETS

Institutional Investor reported that emerging markets were once seen as risky, but capital inflows - in particular from hedge funds - show how that mind set has changed. In the quarter ended December 2013, according to Chicago-based hedge data firm HFR, hedge fund capital invested in emerging markets rose $11.2 billion to a record $139 billion.

HONG KONG

Opalesque reported the "Report of the Survey on Hedge Fund Activities of SFC-licensed Managers/Advisers" shows that hedge fund assets under management (AUM) in Hong Kong increased 38% from the time of the last survey in September 2010 to US$87.1 billion as of 30 September 2012.

JAPAN

Bloomberg reported that Tsukasa Shimoda, a former fund manager at Morgan Stanley Asset & Investment Trust Management Co., will start a Japan-focused hedge fund amid increased appetite for the world's second-largest equity market.

The Japanese FSA published a draft review of the short selling regulation.

KOREA

Asian Investor revealed that the Korean National Pension Service $340 billion pension fund has set itself a long-term goal of opening offices in Hong Kong and Shanghai. However, for now it is focused on stabilising its other overseas bases.

Hedgeweek reported that Hyundai Securities Co Ltd is seeding capital to a new Singapore-based hedge fund, under the leadership of Dr Kim Hong-shik, a derivatives specialist who headed the Asian equity-linked products for ABN AMRO and was founding member at K3 Capital Management, a Singapore-based hedge fund.

 
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. Legal - Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says, Hedge fund blasts defense of Puerto Rico restructuring law[more]

    Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says From CNBC.com: A former hedge fund executive faces federal charges for defrauding a UK-based charity over investments in Africa, according to a grand jury indictment made public Wednesday.

  2. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  3. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  4. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  5. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager