Hedge Fund May Decent After nearly a year of encountering a “winning run,” hedge funds plummeted 1.2 percent in May. According to Eurekahedge Pte this is due to the escalation of market volatility from Europe’s sovereign debt debacle. The last time the Eurakahedge Hedge Fund Index – which tracks over 2,800 funds around the world…
Tag Archive: Asia
Sweet Songs of Singapore
Singapore: New Popular Financial Environment Singapore seems to be Asia’s new financial hubbub. Hedge funds are looking to the country that’s industry is fast developing, as well as expanding services for fund administration. It is also perhaps not too surprising that there has been such increased interest from investment and fund managers, as well as…
Hedge Fund Raises Funds for Japan
Man Group Assists Post-Japan-Trauma The Man Group has been working hard on helping out Japan. It has just raised $1.5bn for a new hedge fund that will be run from Japan. It did way better than it expected. It actually only thought it would make a third of that amount, rendering it the Man Group’s…
Senrigan Capital Group Passes $1 Billion Mark
Hong-Kong’s Senrigan Capital Group has just passed the $1 billion dollar mark, making it one of the more successful firms in Asia. Senrigan was founded a little over a year ago by Nick Taylor, former Citadel Investment Group Asia investment chief. The firm debuted with around $220 million, $150 of which came from the Blackstone…
Ping-Ponging World Stocks
There’s bouncing and then there’s mega-bouncing. It seems like global stocks don’t know which way to turn next and just keep on bouncing around. One minute things are looking great and people are ready to pop open the champagne and at other times it looks like a disaster and depression looms. So what is really…
Hedge Funds in Asia Significantly Boost Assets
New hedge funds in Asia have boosted assets by almost 50%, or to $3.84 billion, in the span of a single year. This development can attest to the fact that investor interest in regional funds is back on track. In 2009, 78 funds were launched, and in 2010, 95. The average launch climbed from $33…
DE Shaw’s Asian Expansion
The $20 billion global hedge fund DE Shaw plans to expand within Asia during 2011. DE Shaw hopes to attract assets from Japanese pension funds in the coming year. The firm’s Tokyo office is presently led by their Japanese country representative Scott Roney, who runs an office of just two employees. The fund will bring…