Last week the Swiss firm halted dealing in its absolute return bond funds after suspending the products’ lead manager, in a move that has sparked concern about such strategies.
The Swiss fund house has named a new regional chief. His predecessor and the Asia head of distribution have departed, the latter to UBS Wealth Management.
The UK fund house will be hoping veteran manager Paul Kirkby can boost the negative recent performance of its Japan long/short strategy.
Equities in India and China have been identified as the major growth markets for hedge fund inflows this year, a new survey shows. And global macro is set to be the key investment strategy for 2015.
Following two recent departures to Swiss firm Syz, asset manager GAM is said to be revamping its sales team in Asia with a view to putting local heads in place.
China-focused hedge strategies posted the strongest gains last month, largely due to rebounding equity markets, as Japan funds continue to shine.
Global macro strategies are still preferred to equity hedge, says fund house GAM, which is turning to newer launches for customised institutional portfolios.
Mansfield Mok joins EFG Asset Management, which is building an investment capability in Hong Kong, while GAM adds Kevin Chan.
These investments are largely uncorrelated to other markets and offer decent returns even in crises, says John Seo of Fermat Capital Management, while fund liquidity is improving.
Andrew Hutson vacates his Hong Kong seat at the global fund of hedge funds manager.
Kier Boley of fund of hedge funds Gam thinks it could be time for investors to start reallocating to hedge funds û but not ones that are too aggressive on running high exposures.
The Gam Star Frontier Opportunities portfolio is the latest to capitalise on the growing demand for Middle East investments.