AUM in the Asian Hedge Fund Industry Reach $116.7B Mark
At the end of the second quarter, Asian hedge fund industry hit a third consecutive quarterly record with its assets under management reaching a $116.7 billion mark.
Asian
hedge fund capital increased by $2.6 billion during Q2, driven largely
by performance-based gains as funds topped local Asian equity markets,
according to the latest HFR Asian Hedge Fund Industry Report.
Net
capital inflows in Q2 totaled $162 million—down from $2.0 billion in Q1
2014 and $3.0 billion in Q2 2013—as outflows in Asian equity hedge
strategies and Emerging Asian regions offset inflows into Asian
event-driven and relative-value arbitrage strategies.
Globally, hedge fund capital increased to a record $2.8 trillion through mid-year 2014.
During
the first six months of 2014, Asian RVA funds received inflows of $972
million, while event-driven and equity hedge have received inflows of
$667 million and $574 million, respectively.
Source: FINalternatives