Sun, Jul 24, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe