Investors seeking performance from Asian hedge funds must focus on the smaller sized funds, according to an ongoing study by Singapore-based hedge fund consultant GFIA.
Independent hedge fund seeder, IMQubator, which is backed by the investment of one of Europe’s largest pension funds, is searching for two emerging managers for the final mandates in its current fund of funds.
The $51.2bn Public School Employees’ Retirement System of Pennsylvania (Penn. SERS), one of the largest public pension plans in the US, has made a $100m private equity commitment to the Bain Capital Asia Fund II in October.
Baring Asset Management (Barings) is gearing up to launch a new fund focusing on Indian equities and equity-related securities of companies listed in India or which carry out the predominant part of their economic activity in the country.
UBS Global Asset Management’s Global Real Estate business (GRE) has been awarded a €500m mandate by Germany’s largest pension fund, a portion of which is reserved for Asia-Pacific real estate managers.
Finance ministers of the Asia Pacific Economic Co-Operation (APEC) member economies announced this month their support of the establishment of a pilot Asia Region Funds Passport (ARFP) structure.
KBW, a full-service investment bank that specialises in the financial services sector, has reinforced its commitment to the Asian market by appointing John Spence and Henry Fan as managing directors.
Independent global investment bank Moelis & Company, which also provides asset management services, today announced its expansion into China with the opening of a subsidiary in Beijing.
Man Group, the UK-based alternative investment management business, today announced the appointment of Yifei Li as country chair for China; a significant step in the hedge fund firm's expansion plans in Asia.