Hong Kong's Hedge Funds Proliferate, See Assets Rise Almost 40%

Apr 1 2013 | 9:38am ET

Hong Kong's hedge fund industry has grown by more than a third over the past two years, according to a new survey from the city's securities regulator.

Assets managed by hedge funds in Hong Kong stood at US$87.1 billion at the end of September, a 38% surge since September 2010, the Securities and Futures Commission said. The number of hedge funds in the city also rose sharply, from 538 to 676.

The SFC polled 348 Hong Kong-based firms.

Unsurprisingly, Hong Kong hedge funds are focused on their home region, with 65.4% of assets invested in Asia-Pacific, including 27.5% in Hong Kong and mainland China alone. The survey also found that the overwhelming majority of investors in Hong Kong hedge funds, 94%, are from outside the Special Administrative Region.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note