Asia-Pacific Hedge Funds Record Strong Growth in 2014During 2014, assets of the Asia-Pacific hedge funds reached a record $192.81 billion or a 21 percent increase from the $139.8 billion recorded at end 2013.
The figure is still higher than the previous industry high of $191bn that was seen in the pre-crisis heyday of 2007, according to the latest AsiaHedge Asset Survey.
"Asian hedge funds have delivered two solid years of outperformance in 2013 and 2014 – which has put Asia firmly back on investors’ radar screens. In particular, many of the Asian billion dollar funds brought in strong double digit returns in 2014, boosting investor confidence," commented Aradhna Dayal, editor of AsiaHedge and head of Asia for HedgeFund Intelligence.
The survey also found that China-focused strategies emerged as the largest hedge fund category in Asia last year, with assets at $32.88bn. It added that as much as 86% or $167bn of industry assets are now being managed out of Asia. Hong Kong is the biggest hub for these funds, with as much as $68bn of assets based in Hong Kong, way ahead of traditional hubs like New York and London.Source: Opalesque