Two Pan-Asia Hedge Funds Take Flight

May 18 2010 | 11:11am ET

No region offers a brighter future for hedge funds than Asia-Pacific, and two new funds aim to take advantage of the opportunities available—and the investors clamoring for them.

Hong Kong-based Chater Capital Advisors last month launched its maiden fund, which focuses on mergers and acquisitions, restructuring and reorganization, liquidity crunches and bankruptcies, and major asset sales, in the region, including Japan and Australia. The fund invests only in liquid instruments—no private deals—and has relatively low hard limits on net exposure, according to the firm.

The Chater Asia-Pacific Event-Driven Fund is managed by Kevin Chan, who previously headed Scoggin Capital Management’s Asia-Pacific efforts from Hong Kong.

Falcon Capital has also launched a Pan-Asia hedge fund. The Melbourne, Australia-based firm’s Sixtina Falcon Fund is a long/short Asian equities vehicle; it debuted in February with US$15 million in assets.

According to Falcon, the fund’s portfolio is comprised of listed equities in Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand. The fund will also invest in U.S.-listed stocks “where trade ideas might be generated from an Asian-American perspective.”

The firm was founded by David Hamilton, a formerly of ANZ Private Bank and UBS Wealth Management.

According to estimates by Singapore-based Eurekahedge, Asia-focused hedge fund projected assets under management will rise from $105 billion at the end of 2009 to at least $182 billion by the end of 2012. In the near term, a Deutsche Bank survey conducted in March showed that 45% of investors plan to raise allocations to Asia (ex-Japan) funds, compared with 18% in 2009.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.