In today’s difficult environment, it is more important than ever for asset owners to deploy their money effectively - which means holding money managers accountable for their performance. AsianInvestor recently held a webinar in partnership with eVestment, whose analytics experts presented their latest insights based on their datasets.
The pressure to beat benchmarks has never been greater amid markets plagued by coronavirus volatility. That's why asset owners should closely monitor their fund managers.
Amid 18 months of poor performance, China-focused strategies have suffered heavy outflows and will likely continue to see low demand this year, says eVestment's head of research.
Niche mandates offset otherwise dismal outflows as sovereign wealth funds pull back from portfolios in broad financial markets.
Hedge funds are having a bad year in general, but Asia-focused strategies are suffering the most, thanks to poor performance and negative sentiment on China, says eVestment.
The industry has seen its share of fund management rise amid good performance and renewed efforts to drive demand from institutional and foreign investors.
Demand for Myriad's second fund spurs launches as evidence shows more Asia-focused funds are managed in Asia. At the same time global macro's revival bodes well for Singapore.
Harvest GI loses VP; KIC to double research team; BlackRock promotes in consultant relations; SFC reappoints CEO; RBC hires ex-SumiTrust manager; eVestment opens Dubai office; and Withers adds lawyer.
Firms with over $1 billion in hedge fund assets accounted for most of last year's AUM growth, while the population of smaller players shrank, according to eVestment.
China-focused hedge funds' strong July gains put them narrowly into the black for the year, while India strategies fell slightly last month as post-election euphoria waned.
Globally hedge strategies ended the first half with respectable gains, with India funds in particular surging on post-election euphoria. But China and Japan funds have posted falls this year.
Distressed, event-driven and India strategies have been standout performers this year, according to eVestment's May report on hedge fund performance.