Some argue that hedge funds will benefit both from the support of US president-elect Donald Trump and increased volatility. But many institutions are reluctant to invest in them.
There's still value for investors in seeking the 'mini Warren Buffetts', but they have to contend with many hedge funds not worthy of the name, argued panellists at an AsianInvestor forum.
The Monetary Authority of Singapore is raising the regulatory bar, but there is a feeling that the city-state is making it harder for hedge funds to exist, especially smaller ones.
Market participants see more private equity investment professionals setting up shop in Hong Kong following the extension of a profits tax exemption late last week.
In a video interview, Peter Douglas, principal at CAIA Singapore, talks about funding sources in Asia’s hedge fund industry and the investing strategies to favour in coming months.
Investors have come to appreciate the liquidity role that investments play in portfolios, reflecting an industry bifurcation in alternative asset allocation, an AsianInvestor forum hears.
The research firm will act as consultant to NEPC, noting a rise in the proportion of long-only strategies delivering alpha in its database. But its tie-up with Laven Partners has ceased.
The use of private banks by Asian family offices is set to shrink in the next few years, say FO executives, who concede they themselves face significant challenges.
The firm has signed a collaboration with London-based consultancy Laven Partners to provide hedge fund due diligence and compliance, but it could become a permanent fixture.