Asia-Based Hedge Funds Inflows
Barclays Predicts Big Inflow for Asia-Based Hedge Funds
Barclays Capital predicts that inflows to Asia-based hedge funds will increase dramatically this year. This agrees with the fact that hedge funds based in Asia have performed about 5% better over the last three years than hedge funds focusing on Asia but based elsewhere.
Go east, young man, might as well be the new mantra of the hedge fund industry, according to Barclays Capital.
The British bank said inflows to Asian-based hedge funds are set to soar this year, and with good reason: Hedge funds operating in the region have done better, by about 5% over the past three years, than Asia-focused hedge funds based elsewhere, according to Andrea Gentilini, head of strategic consulting at Barclays’ prime brokerage unit.
Investors are likely to pour US$8 billion into Asia-based hedge funds this year, a figure that could hit US$16 billion by the end of 2013, Gentilini told Bloomberg News. Asia-focused hedge fund assets could triple to $71 billion by the end of this year, she said, with nearly 40% of that money invested with Asia-based firms. Source
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Tags: Asia-based hedge funds, hedge funds in Asia, hedge funds focused in Asia, Asian hedge funds, Asia Hedge funds, inflows
