This is despite a continuing tough environment for fundraising, fiercer competition and stricter due diligence by investors, finds a State Street/Preqin survey.
Tag : hedge funds
Six large hedge fund managers are set to raise money from China investors, with the number of firms tipped to expand down the line.
The firm is repositioning its alts offering in response to demand. Global head of investment funds, Rene Buehlmann, says asset managers can do better in talking up globally diversified product.
The British Virgin Islands' new office in Hong Kong will field a rising number of enquiries about BVI trust structures. But it may not find it easy to take funds business from the Cayman Islands.
Asian hedge funds are hurrying out questionnaires to their investors to determine which can be classified as 'US persons', with just two months to meet a change to Dodd-Frank rules.
Despite reducing its exposure to hedge funds, the Australian state investor retains a substantial allocation to the asset class – but is especially keen on equities right now.
The Asian asset management arm of Prudential plans to keep alts at 5% of its portfolio, while the Korean Federation of Community Credit Cooperatives will nearly double its exposure to 15%.
While emerging markets remain volatile, remaining an active participant with broad exposure is key, the Abu Dhabi Investment Authority says in its annualised report.
Pensions are the biggest contributors to private equity inflows, but family offices have the largest portfolio exposures to hedge funds and PE by percentage of assets, says Preqin.
The number of hedge funds managed in Hong Kong is at an all-time high, although the amount of assets they run is down from the 2008 peak.
The US investment consulting firm's CEO, Sandy Urie, discusses Asia's growing appetite for advice on alternative investments such as hedge funds.
North American institutions are now the major source of Asian hedge fund allocations, leading to a shift in the way fund managers present themselves to investors.
