Administrators step up efforts to anticipate growth in Asian markets

Fri Jul 8, 2011


HSBC is still the market leader, followed by Citco and Goldman Sachs in the annual AsiaHedge administrator survey, but Citi was the biggest mover in the past year in a market where various big global players are gearing up in Asia


HSBC remains by a long distance the biggest administrator in the Asia-Pacific hedge fund industry, both by mandates and by assets. And Citco Fund Services remains in second place by mandates, though now narrowly behind Goldman Sachs by assets under administration, according to the latest AsiaHedge survey of administrators in the industry.



Beneath these headlines, however, there have been some subtle and interesting shifts in a market where the number of funds trading has shrunk somewhat since the year before (from 940 to 856), but where the overall assets of those funds still running have risen more than 10% (from $135 billion to more than $150 billion).

In this changing environment, the biggest mover since last year’s survey has been Citi, which did particularly well on the new Asia-Pacific hedge funds of 2010 and has seen a notable rise in both its total number of funds as well as assets...

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