As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 50 min ago
Feb 18 2014 | 9:56am ET
More than 50 new hedge funds have gotten their start in Asia this year, as managers vie for some of the billions in investor capital that is flowing into the space.
There have been some 20% more launches so far this year than at this point last year, according to Bank of America Merrill Lynch. And the new funds are bigger as investors aggressively add exposure to Asian funds.
Asian hedge funds saw a record inflow in the fourth quarter of $4.2 billion. All told, the industry ran $112.3 billion at the end of last year, which is also a record.