Amac unveils 25 new memberships to include private equity players, insurers and securities firms. Regulations are being eased to allow such houses to start fund management businesses.
But on a five-year view, losses in late-2008 and early-2009 have not prevented the asset class from making money and outpacing publicly listed equities, says Preqin.
The firm is better known in Asia as a traditional fund house but is targeting institutional investors and private banks with a platform for hedge funds.
Just as corporate directors are meant to look after the best interests of shareholders, pension trustees are supposed to safeguard the interests of beneficiaries.
As people in Asia and other emerging markets get richer, the strategies being devised to profit from the effects of their wealth are becoming more surgical.