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Komfie Manalo, Opalesque Asia: The Asia-Pacific hedge funds registered strong growth last year as
assets reached a record $192.81bn or a 21% increase from the $139.8bn
recorded at end 2013. The figure is still higher than the previous
industry high of $191bn that was seen in the pre-crisis heyday of 2007,
according to the latest AsiaHedge Asset Survey.
"Asian hedge funds have delivered two solid years of outperformance in
2013 and 2014 – which has put Asia firmly back on investors’ radar
screens. In particular, many of the Asian billion dollar funds brought
in strong double digit returns in 2014, boosting investor confidence,"
commented Aradhna Dayal, editor of AsiaHedge and head of Asia for
HedgeFund Intelligence.
China strategies largest hedge fund category in Asia
The survey also found that China-focused strategies emerged as the
largest hedge fund category in Asia last year, with assets at $32.88bn.
It added that as much as 86% or $167bn of industry assets are now being
managed out of Asia. Hong Kong is the biggest hub for these funds, with
as much as $68bn of assets based in Hong Kong, way ahead of traditional
hubs like New York and London.
Dayal added, "In addition, the entry of influential seeders and
strategic investors that backed a number of large new launches in Asia
last year has been a game changer. Other factors propelling this
dramatic industry e...................... To view our full article Click here
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