Thursday, 31 July 2014
Last updated 16 hours ago
May 4 2010 | 2:54pm ET
Asia may the future of the hedge fund industry, but according to the latest figures, the future is not now.
Asian hedge funds were hit by US$700 million in net redemptions in the first quarter, Hedge Fund Research reports. All told, Asian hedge funds grew slightly to US$77 billion thanks to strong performance in the region, which many in the industry are betting is home to the most opportunities for hedge funds.
The outflows from Asian funds break a two-quarter inflow streak, and despite a net inflow of US$13.7 billion inflow to hedge funds globally.
“Asian hedge funds were confronted with a variety of divergent market influences in the first quarter, and Investor flows to Asian hedge funds reflected this,” Kenneth Heinz, president of HFR, said.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…