The Singaporean bank expects demand for hedge strategies to rise this year as investors seek alpha in volatile markets.
The Scientists and Engineers Mutual Aid Association has issued a multi-million request for proposals to global fund of hedge fund managers, to be finalised this year.
Funds of hedge funds focused solely on Asia Pacific are ahead of global peers through October. Data also shows the performance gap between FoHFs and hedge funds is shrinking.
Gen2 Partners founders Paul Heffner and Barry Lau have rebranded the company as Adamas, putting a greater focus on private equity and seeding hedge fund managers.
A private equity COO fears rule tightening is too broad-brush and will inflate costs, while a fund-of-hedge-fund COO says clarity is needed over new reporting requirements.
Skybound Capital has relocated CIO Michael Tostée to Hong Kong and hired manager Theodore Shou in a drive to double AUM within three years.