Wed, Oct 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Asia Pacific Intelligence

Asia Pacific hedge fund industry news for June included:

Monday, July 08, 2013

AUSTRALIA

Australia's AAAPartners' June newsletter reported on fund marketing with Damien Hatfield claiming that marketing marketing must be given the same significance as fundperformance and process.

Bloomberg reported that MST Capital Pty, run by Sydney-based former UBS AG (UBSN) trader Gerard Satur, raised A$10 million ($9.1 million) from wealthy investors for its new global macro strategy fund.

"The strategy, Baruch Global Macro Fund, will shadow the strategy used for its existing fund that invests in foreign exchange, equities, credit markets, interest rates and commodities, with a focus on the Asia-Pacific region, said Mark Levinson, a partner at the fund manager. MST expects to add as much as an additional A$10 million from Aug. 1, he said, declining to name the investors.

MST, which manages A$175 million with most of their clients being institutional investors, is widening their client base as Australian investors search for higher-yielding assets with the central bank lowering its benchmark interest rate to a record-low 2.75 percent and a slowing economy hurting equity valuations. The company's existing hedge fund has returned 6.5 percent after fees in the last nine months and targets an annual return of 10-15 percent, Levinson said."

CHINA

Reuters reported that  ex-banker Paul is raising around $60 million for a hedge fund that will invest in U.S.-listed, Chinese companies.

INDIA

The Hindu Business Line reported that SEBI has amended alternative fund regulations.

PAN-ASIA

Reuters reported that  European and Asian hedge fund firms are finding the potentially lucrative U.S. market impossible to ignore, but as tough as ever to negotiate. Reporting from Monaco's GAIM conference in June, Reuters wrote: "Delegates at the annual GAIM conference in Monaco this week talked about the difficulties, particularly for small funds, in attracting new money to an industry once at the top of investors' wish lists."

 
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

Banner

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 - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  3. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  4. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba

  5. Unconstrained bond funds: Where hedge fund strategies meet mutual funds[more]

    From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha