New Asian Hedge Funds Raise US$2.86B

Jul 20 2011 | 11:59am ET

New Asian hedge funds raised more than twice as much in the first half of this year as in the second half of last year as the average fund raised three times as much at launch than in the first half of 2010.

Only 24 new hedge funds debuted in the region during the first half, compared to 70 in the year-earlier period, the AsiaHedge New Funds Survey showed. But the average fund launched with US$119 million, compared to just US$40 million in the first half of 2010.

All told, those 24 funds raised US$2.86 billion; in the second half of last year, new Asian hedge funds raised just US$1.09 billion. This year's figure is the highest since new Asian hedge funds raised US$5.7 billion in the first half of 2007.

"The Asian new fund landscape continues to be reinvigorated, though the barriers of entry are the highest ever, resulting in only a handful of high-quality new managers being able to come to the market," Aradhna Dayal, AsiaHedge's editor, said. "These managers have to display a combination of solid pedigree, experience in managing a sizable chunk of assets and institutionalized platforms."

AsiaHedge said that the second half could see more of the same, with a "healthy pipline" of new launches through the balance of 2011.


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

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

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.