Tuesday, 28 July 2015
Last updated 10 hours ago
Aug 24 2011 | 12:02pm ET
Asian hedge fund assets may grow by US$50 million over the next year-and-a-half, a 34% increase, according to a new report.
Eurekahedge predicts that the "struggling political and economic environment" in the West will prove a boon for Asia's hedge funds, which can expect to manage more than US$180 billion within the next 12 to 18 months. The data provider said that currently, some 1,235 Asian hedge funds manage US$134 billion, less than 10% of the global total.
"The Asian hedge funds industry continues to be one of the most exciting and fast-moving sectors of the global hedge fund industry," Eurekahedge wrote. "The region continues to develop at a fast pace with new funds starting up and employing an increasing number of different strategies and geographical mandates."
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…