Category Archives: Views

Asian Hedge Fund Assets Hit Record, Top $177 Billion

Assets under management at Asian hedge funds reached a record $177 billion in May, according to new data from Eurekahedge. The tally exceeds the $176 billion managed by funds with an Asia mandate in December 2007, immediately prior the global financial crisis, noted Eurekahedge’s Alexander Mearns in an interview with Bloomberg. The news comes as… Continue Reading

GUEST COMMENT: By the Numbers – China’s Massive Economic Potential

By Michael Johnston. The incredible economic potential of China, with its massive population and surging middle class, can be difficult for U.S. investors to truly appreciate. Most investors are well aware of China’s growing importance to the global economy. Even those without a sophisticated understanding of financial markets generally know that China is a world power, home… Continue Reading

Asia Frontier Capital Newsletter – Country Report: Cambodia

After decades of political mismanagement and civil war, Cambodia has recently begun to capitalize on its economic potential. Since adopting free-market economic policies in the 1990’s and increasing its integration within the international community, Cambodia’s economy has flourished. From 1998 to 2007, Cambodia’s GDP growth ranked sixth in the world (9.8%) and fastest in the… Continue Reading

Russian hedge funds surge on oil, rouble gains

Emerging markets hedge funds have benefited from the strong recovery of the Russian Rouble, higher oil prices, lowering of interest rates by the Chinese Central Bank, and a surge in trading volume on the Shanghai-Hong Kong Stock Connect program.  As a result of these, hedge funds investing in Russia and China posted strong gains in… Continue Reading

Hedge funds climb in April as Chinese, EM equities surge

Hedge funds posted gains in April as regional equity and currency markets across China, Russia, Brazil and the Middle East posted sharp gains. Volume surged on the Shanghai/Hong Kong Connect program to a daily record driving Chinese A-shares to a gain of over 18 per cent for the month. The HFRI Fund Weighted Composite Index®… Continue Reading

Asia Frontier Capital Newsletter – Country Report: Saudi Arabia

This month’s country report profiles the Kingdom of Saudi Arabia (KSA). While Asia Frontier Capital does not currently invest in Saudi Arabia, we are always evaluating frontier markets that may possibly hold investment potential. For example, Nepal and Bhutan are both in our fund’s investment universe, although we cannot currently invest in either country. Iran… Continue Reading

Asia Frontier Capital Newsletter – Country Report: Iraq

AFC Country Report: Iraq – The post conflict opportunity To mark the upcoming launch of the AFC Iraq Fund and to follow up on our recent in-depth coverage of Iraq in our previous newsletter (click here), this month we will be covering the post-conflict opportunity of Iraq. Country snapshots for all of AFC’s markets can… Continue Reading

Soros Ready To Invest $1B In Ukraine If West Helps

(Reuters) – George Soros is ready to invest $1 billion in Ukraine if Western countries help private investment there, and sees a 1 in 3 chance Greece will leave the euro, the billionaire financier told Austrian newspaper Der Standard. Soros has previously urged the West to step up aid to Ukraine, outlining steps toward a $50… Continue Reading

Assets Surge For Top Emerging Managers

Emerging managers have their work cut out for them when it comes to attracting assets, but recent data shows the majority of the top new funds grew AUM last year. 74% of hedge funds on Hedgetracker’s Top Emerging Hedge Fund Managers list saw equity assets increase during the fourth quarter of 2014, while the group… Continue Reading

Survey: Hedge Fund Industry “Blind Spots” Persist

The hedge fund industry’s rapid growth and an increasingly complex regulatory environment have fueled differing views on transparency and independent controls among hedge fund managers and institutional investors, according to a new survey by Northern Trust. An overwhelming majority of managers (90%) said that all or nearly all of their investors are satisfied with the… Continue Reading

Asia Frontier Capital Newsletter – Country Snapshot: Mongolia

Although it is the least densely populated country in the world, with less than 3 million people living in a land area of 1.5 million km2, Mongolia has the potential to see the greatest growth of any country within the AFC Asia Frontier Universe. Mongolia’s economy is traditionally based on herding and agriculture, but is… Continue Reading

HFR: Hedge Funds Sour On Emerging Markets

Hedge fund capital invested in emerging markets declined to conclude 2014, falling from the record level established in 3Q14 on a combination of performance losses and investor outflows concentrated in funds with exposure to Russia. The HFRI EM: Russia/Eastern Europe Index declined 18.6% in 4Q14, bringing the 2014 full year loss to 26.5%, making 2014… Continue Reading

Omni Macro Fund Bullish On India, Watching China

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at JP Morgan. The $600 million strategy was up 5.7% in 2014 and is over three percent ahead so far in 2015. Rosen  is supported by Head of Strategy Chris Morrison, also a former prop trader at JP Morgan. In addition… Continue Reading