Thu, Aug 25, 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. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord