The Asian Hedge Funds industry improves during 2012 first half
The AsiaHedge Asset Survey, released on September 21st 2012, reported, for the first six months of the year, a net progress for the whole Asian Hedge Fund industry.
The report reviled a positive increase of 2.5% that brought the total assets for the industry from USD140.62bn, at the end of 2011, to USD144bn in June 2012. The increase was partially due to a substantial boost in the overall assets for funds based in Hong Kong, which, in the first half of the year, hit a record of USD47.1bn.
The period January-June 2012 experienced a booming growth for multi-strategy funds that have reached a total of USD18.31bn, representing as much as 13% of the entire Asian market. On the contrary, assets managed by Japanese funds hit an all-time low USD5.72bn, after declining 41%.
Finally, the report highlights how the Asian-Pacific market is becoming every day more important to investors and funds that have moved into this region, from outside Asia, about USD112.15bn (representing as much as 78% of the Asian-Pacific hedge fund industry’s assets). This trend represents a remarkable progress from the previous year, confirming that the region is increasingly becoming a central financial market.