Sunday, 19 October 2014
Last updated 2 days ago
May 9 2013 | 11:32am ET
Asian hedge funds are nearing a major milestone, thanks to renewed interest in Japan.
The Asian industry's assets under management rose 7.6% in the first quarter to hit almost US$95 billion, according to Hedge Fund Research, putting it on track to top both the US$100 billion threshold for the first time in six years, and to break its record level, US$111.4 billion, reached in 2007.
Asian hedge funds bottomed out in 2008, at US$71.4 billion. The turnaround is credited to Japanese hedge funds, which have seen soaring interest and returns in the wake of the election of Prime Minister Shinzo Abe.
"The past four months have been an unprecedented period for Japanese capital markets and have created tremendous opportunities for Asian hedge funds in 2013," HFR President Kenneth Heinz said. "Aggressive stimulus measures by the Bank of Japan have not only created opportunities in Japanese equity markets, but also driven down yields in global fixed-income markets, increased currency volatility and contributed to recent commodity volatility as the global growth and inflation picture continues to evolve."
Despite the growth, Asian hedge funds still lag their global peers, which returned to their 2007 peaks in 2010 and continue to grow.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...