Asian Funds Of Funds Shrink By Half

Mar 5 2013 | 10:12am ET

Asian funds of hedge funds lost more than half of their assets last year, a precipitous drop as institutional investors continue to move towards direct hedge fund investments at their expense.

Asian funds of funds managed just US$16 billion at the end of last year. They managed US$34 billion at the end of 2011, Preqin reports.

“Asia-Pacific-based fund of hedge funds have seen a larger proportion of outflows in 2012 and this can partly be attributed to their below-expected performance in 2011,” Ross Ford, manager of hedge fund profiles at Preqin, told Asian Investor. “Investors who are looking to maintain their current allocation to fund of hedge funds are also shifting away from smaller boutique Asia-Pacific-based hedge funds.”


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of