Mon, Apr 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers February 2012

Focus
A look at Asian emerging hedge funds, and investors

 

When launching an Asia hedge fund, expect a budding but crowed space

In last month's issue of NewManagers (p.26), we mentioned a Preqin survey that claimed that Asian investors are not as shy as their Western counterparts when it comes to investing in new hedge fund managers. Indeed, 58% of investors in the region are apparently prepared to invest in new funds, compared to 39% of European investors and 48% in North America. Asian investors were generally less affected by the downturn than those based elsewhere, which could explain their continued, and indeed increased confidence in such funds, said Preqin, a provider of intelligence on the alternative assets industry.

Opalesque did some further investigation into the matter of Asian investors, new managers of Asia funds (international and Asia-based), and international investors in Asia funds.

The first impression was that, Asia-focused hedge funds did just as well - if not better at times - as their other geographical counterparts, and a lot of international players are either setting up Asia funds or are investing in Asia funds to take advantage of the regional opportunities.

Asian investors themselves, however, do not invest so much in Asia hedge funds as they have more of a trader-like approach and prefer investing short term either directly or through domestic funds - usually long-only funds, to ride on the bull market. The environment is good enough for that despite the high volatility. Although wealthy Chinese investors are now turning to "sunshine" private trusts (Chinese version of hedge funds) as the property market cools, stocks slump and bank-deposit rates fail to match inflation, ......................

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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its