Optimism returns to Asian market with spate of new funds
Tue Jan 19, 2010
The AsiaHedge new funds survey finds almost 80 funds launched in 2009, with new fund assets reaching a total of $2.5 billion during the year
The trend in new fund launches in 2009 suggests a sense of
fragile recovery for the Asia-Pacific hedge fund industry. This
follows the debacle of the second half of 2008 when the Credit
Crunch was at its deepest and the number of funds launched and,
worse, the amount of capital they raised, slumped
Using provisional figures based on confirmed launches so
far, the AsiaHedge new funds survey found that nearly 80 funds
launched in 2009, almost 40 in each half, in contrast to just
25 that came to the market in the second half of 2008. In terms
of assets, over $1.4 billion was raised by funds launched in
ISSN: 2151-1845 / CDC10004H
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