Some 40% of Asian institutions plan to invest in hedge funds, but global and large-sized strategies are most likely to see the biggest inflows, a Preqin survey indicates.
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Tag : fund of hedge funds
SSARIS has closed its Japan-focused fund of hedge funds as manager underperformance and the country's economic environment dampen investor sentiment.
Swiss firm Syz & Co has shut an Asian fund of hedge funds with significant exposure to China, while Australia's QIC is winding down its regional quant strategy.
Fund of hedge funds plan to increase or maintain their Asian allocations, although poor-performing managers are likely to see outflows, says Eurekahedge.
In a bid to attract institutional investors, hedgies in the region are cutting fees, says research firm Preqin.
The new platform is focused on alternatives funds across Asia, with China its main long-term target, and will ultimately service traditional fund clients.
Which strategies do fund-of-hedge-fund managers fancy for the year of the tiger?
BNY Mellon will provide fund administration for Sumitomo Mitsui Asset ManagementÆs new Alpha Dynasty Fund Trust.
Aima will publish the guide in early 2009. Fund of hedge funds players are cooperating to develop the guide.