Fri, Feb 12, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers June 2014

SEEDERS' CORNER: Swiss Asia Asset Management, Emergence, fund of funds ABS

Alain De Coster

Hong Kong-registered asset management company Swiss Asia Asset Management is looking to incubate hedge fund managers in Hong Kong and at the same time raise its assets under management that currently stands at $1.5bn.

To better position itself in Hong Kong, Swiss Asia is moving its Business Development Manager Omar Taheri into the island to head-charge the Swiss-Asia Incubation Platform. Swiss Asia Asset Management already has type four (for accredited investors) and type nine (fund management) licenses in Hong Kong.

Taheri said in an interview with Opalesque, "In Hong Kong we are seeing larger funds being launched, perhaps that is the nature of the major trading desks in Asia being based in Hong Kong. The key in the near future is having access to the growing wealth of China, and talented Chinese fund managers setting up in Hong Kong."

Swiss Asia is an incubator of hedge funds and in the last year has added eight new funds onto its platform in Singapore. Taheri's main purpose is to add more funds onto their platform in Hong Kong to respond to the growing interest for the region.

Taheri continued, "There are new platforms being set up to address the demand for such incubation services for hedge funds. Hedge funds in Asia don't quite launch with the scale like in the more established hedge fund scenes such as New York or London, hence platforms have a huge value add in terms of providing all the operational requirements, office space, compliance and distribution. New funds should look at the opportunity cost of setting up on their own as opposed to going on a platform." ...

You can read Komfie Manalo's full article here. Êmergence selects Bluehiv......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise