Administrators line up to cater for an institutional future in Asia
Wed Jul 21, 2010
HSBC still leads, followed by Citco, in the annual AsiaHedge administrator survey. But the competitive landscape is clearly changing in what remains a fragmented market
The Asia-Pacific hedge fund industry may have changed quite
a lot over the past year, but our latest snapshot of market
share among leading administrators in the region has changed
remarkably little since our last survey a year ago.
HSBC, the giant banking group, remains by a
long distance the biggest hedge fund administrator in the
Asia-Pacific, both by number of mandates (currently at 196
confirmed, down just a tad from exactly 200 last year) and by
the combined assets of funds administered (at more than $24
billion, again a very slight dip from the comparable figure a
Citco Fund Services, for many years the biggest
administrator in the bigger hedge fund markets of both the US
and of Europe, according to successive surveys in our Absolute
Return and EuroHedge publications, remains some way behind HSBC
in second place in Asia - though still comfortably ahead of
ISSN: 2151-1845 / CDC10004H
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