Category: Asian Hedge FundsNew Asian hedge funds raised $4.4 billion in 2011, the most since the industry’s record $7.8 billion raising in 2007, according to AsiaHedge. However, a few large hedge fund launches such as Azentus ($1 billion) and Myriad ($300 million) contributed significantly to the result and masked the difficulty for smaller new Asian hedge funds to [...]
China’s hedge-fund sector has recorded an average return of minus 11.36 percent year to date, according to Shanghai-based data provider Suntime Corporation cited by Asian Investor. The poor performance has resulted in investors redeeming monies and slower new fund raisings. In China, ‘hedge funds’ are privately managed funds that are ‘basically long-only equity funds run [...]
AsiaHedge’s latest hedge fund industry review notes; Asian hedge fund assets fell 5 percent in the first half to $145 billion, but is up 5 percent from a year ago. $109 billion was managed from within Asia, while $39 billion was managed from outside the region but into Asian markets. The Asia ex-Japan equity hedge [...]
