Booming Chinese internet stocks have fuelled Passport Capital’s double-digit gains this year at a time when many other hedge funds have delivered only modest returns.Thursday, 5 December, 2013, 2:01pm
Swiss fund-of-hedge-funds manager Gottex is teaming up with two former executives of Blackstone and Goldman Sachs to back Asian hedge fund managers starved of capital since the global financial crisis.9 Oct 2013 - 2:01am
More hedge funds and private equity firms will set up in the city because of a government reform plan and the internationalisation of the yuan, industry representatives say.3 Jun 2013 - 3:32am
Shanghai has started the countdown to the introduction of a "qualified domestic limited partner" (QDLP) scheme, which will allow foreign hedge funds to raise yuan capital on the mainland to make investments in overseas securities.19 Mar 2013 - 5:40am
Will Beijing bring a ray of light to the mainland's "sunshine" private trust funds next year?
After a lacklustre performance this year, managers of the mainland's nearly 1,000 such funds - a prototype form of hedge fund - are keeping their fingers crossed in anticipation of a major liberalisation of the sector that could boost the domestic stock market.27 Dec 2012 - 1:59am
You would think that a person who made a living allocating to hedge funds for more than a decade would take a kinder view of this sector. But Simon Lack, a money manager, earlier this year released a book with devastating conclusions about hedge funds.17 Dec 2012 - 5:31am
As the global economy resets, the prospects are for lower returns and increased volatility. The US stock market took 25 years to regain its highs after 1929. Japanese stocks (down 75 per cent from their peak) and property markets (down between 50 per cent and 70 per cent) have still not recovered 1989 levels.26 Nov 2012 - 2:17am
Hedge funds have cut bullish commodity bets for a sixth straight week, the longest slump since the depths of the global recession four years ago, on mounting concern that economies are slowing.20 Nov 2012 - 3:51am
The world's fastest economic growth is not helping Asia's hedge funds.
The Eurekahedge Asian index, which tracks 395 hedge funds, returned 1.6 per cent to August 31, the worst performer among regions and about half the 3.2 per cent gain by the global benchmark.26 Sep 2012 - 9:31am
The Shanghai Stock Exchange might let the mainland's hedge funds list on the bourse amid efforts by the country's securities regulator to boost institutional buying.30 Aug 2012 - 3:17am
Hedge funds are under the spotlight for the wrong reasons.
Since the collapse of Bernard Madoff's US$50 billion Ponzi scheme in December 2008, which showcased the risks of these complex, opaque trading vehicles, there has been a slew of further scandals.28 Nov 2011 - 12:00am
According to data from Hedge Fund Research, a Chicago data provider, about 80 Asia-focused hedge funds experienced an average 2 per cent decline in August. By comparison, the average fund worldwide was down 3.5 per cent.
Three-quarters of Asian hedge funds reported losses, with some well into double digits.10 Oct 2011 - 12:00am
Distressed debt became popular at the end of last year as a result of the credit crisis. America was among the first for investment managers to set up hedge funds that trade distressed debt to take advantage of marked-down loans, followed by Britain and Hong Kong.20 Apr 2008 - 12:00am
Hong Kong and the mainland have seen explosive growth in the size of their hedge fund industries, according to Hong Kong's top stock watchdog.
Martin Wheatley, chief executive of the Hong Kong Securities and Futures Commission (SFC), said the impact was particularly dramatic for China-focused hedge funds, where total assets had jumped 63 per cent in the past six months.11 Jan 2008 - 12:00am
Globalisation means that even when you are a small fish in small pond, you still have to respect the rules of the big crocodiles out there.
A small Hong Kong wealth management firm that failed to trademark its name has learned that the hard way after being forced to change its name by a giant US hedge fund with the same name.12 May 2007 - 12:00am