|
|
Matthias Knab reports “live” from Singapore: Seppo
Leskinen, Global Head of Hedge Fund Services, SEB Merchant
Banking moderated a panel with Hugo Kattendijke, Managing
Director, Harcourt Alternative Investments HK, Manuel
Echeverria, CEO and CIO Optimal Investment Services
Switzerland (Group Santander), Ajay Bagga, CEO of Lotus
India Asset Management, Bryan Goh, Head of Hedge Fund
Research, First Avenue Partners LLP (UK) and Thomas Tey,
Head of Product Management & Institutions, Singapore
Exchange as his guests.
Kattendijke said that out of the 600 “true” Asian hedge
funds (based in Asia and investing in Asia), 400 would be
L/S funds, 300 invest in Japan which means there is still a
substantial concentration. However the competition of the
regional financial centers (Tokyo, Hong Kong, Singapore,
Shanghai, Mumbai) about who will be the leading financial
hub for Asia creates structural changes and a market dynamic
which for example is completely missing in Latin America or
Eastern Europe. This means that the hedge fund industry in
Asia is growing faster than in the Western markets and
step-by-step new instruments and strategies are coming to
the market.
Interestingly, most Asian hedge fund investments still come
from Europe and U.S., the panellists agreed it will still
take more time to develop a strong local institutional and
retail participation.
According to the panellists, the following are among the
interesting st...................... To view our full article Click here
|
|
RSS
