Hedge Funds are Back- Primarily in Emerging Market

Year-to-date returns for hedge funds are showing signs of recovery, particularly in emerging markets where managers are spurring the playing field and pushing gains. Both BarclayHedge and eVestment recently published data showing the extent to which emerging markets and Asia-focused hedge funds bypassed other geographical regions in August, upending the July downturn. The overriding theme …

Former Azentus Manager Launching Asian Hedge Fund

The chief investment officer, Michael Garrow, of the HS Group, a Hong Kong-based investment management firm, announced that Mohan Rajasooria will be launching a new hedge fund, Zaaba Capital. Rajasooria left Morgan Sze’s Azentus Capital Management earlier this year, and hopes to open is new fund with a minimum of $250 million from institutional clients, …

Jeffrey Yap Launching New Asian Hedge Fund

The former head of the Asian fixed-income trading at Mizuho Financial Group, Inc, Jeffrey Yap, is making plans to launch his own Hong Kong-based credit-focused hedge fund. Joining Yap at the fund, called Ark One Ltd, will be two other founding partners, unidentified for now.  The plan is for the fun to begin accepting investors …

HSBC Appoints Nine New Seniors in Asia Pacific Region

HSBC Holdings PLC recently announced the appointment of Tim Franks as head of hedge fund sales in Hong Kong, as well as eight other senior appointments in its Asia Pacific units. The move comes as the bank begins to boost its prime services, which lend cash and securities to hedge funds as well as accommodate …

Funds Finally Fall

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 …

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 …

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 …