More onshore managers are looking at Hong Kong as a place to launch offshore products.
Tag: Hedge Funds
Investors blame industry size for hedge fund underperformance
Not the excessive fees they charge, but the rapid AuM-growth of hedge funds after the financial crisis is to blame for their disappointing performance. Unfavourable macro conditions also play their part.
US hedge fund the first to open in China
Bridgewater Associates, led by Ray Dalio, became the first foreign hedge fund to set up a wholly-owned subsidiary in the Shanghai Free Trade Zone.
Capital surges into hedge funds in Asia
The flow of capital into hedge funds in Asia was up about 17x year-on-year in 2015, the only global region to show growth, according to Evestment data.
Mandarin Capital: Larger does not mean better
With greater emphasis being on size rather than returns amid the recent financial rout in Asia, investors are no longer achieving the optimal diversification in their portfolios, Nitin Dialdas, CIO of Mandarin Capital, told Fund Selector Asia.
DBS Private Bank plans to expand alts
Market volatility is driving investor interest in alternatives, and Singapore’s DBS Private Bank plans to onboard more alternative asset managers while adding staff with expertise in this area, said Kelvin Tan, head of investment funds.
Thailand opens to higher yielding products
Thailand’s Securities and Exchange Commission said that it intends to permit the launch of offshore hedge funds and junk bond funds later this year.
SFC reveals public list of ‘cold shoulder’ orders
The new register, displayed on the homepage of the SFC’s website, names persons or companies who are the subjects of current cold shoulder orders made by the courts, the market misconduct tribunal or the takeovers panel. New York-based Tiger Asia Management is one such company appearing on the list. The hedge fund was slammed with a […]
HSBC to base Henry Lee in UK as global head of alts
Lee will move from Hong Kong to London as part of the promotion, according to several reports. He will continue with his current responsibilities as global head of discretionary investments for the private bank. He will also grow the bank’s alternatives business and embed the alternatives product portfolio – which includes hedge funds, real estate […]
Global ETFs likely to overtake hedge funds
The London-based research and consultancy firm said the assets under management of global ETFs reached a new record of $2.926trn at the end of the first quarter. In comparison, the assets of the global hedge fund industry was $2.939trn. Furthermore, the global ETF industry has been growing at a faster rate than the global hedge […]