Tuesday, 31 March 2015
Last updated 1 hour ago
Aug 10 2012 | 11:06am ET
Japan-focused hedge funds lost 1.5% in Q2 2012 reversing their Q1 5.2% gains as the Nikkei fell over 10%, reports Hedge Fund Research.
Funds investing in China fell 1.6%, while those investing in Asia with Japan were down 2.4%.
Hedge funds investing in other emerging Asia economies took much bigger hits in the second quarter, with Indian funds shedding 8.4% while Korean funds lost a whopping 10.8%. The losses represented a sharp about-face for both—Indian funds had added 19.2% and Korean funds 6.3% in the first quarter.
Investors entrusted only $88 million in net new capital to Asia-focused hedge funds in Q2, paying particular attention to Japan. But total capital invested in Asian hedge funds declined by $3.3 billion during the quarter, to $83.3 billion.
Asia-focused hedge funds now number 1,117, says HFR, and account for almost 15% of total global hedge funds. Moreover, an increasing number are headquartered in the region—30.46% in China, 9.27% in Singapore, 3.07% in Japan.
Equity hedge strategies account for about 73% of Asian hedge funds, followed by relative value at 13%, event-driven at 12% and macro at 2%.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…