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
In this changing environment, the biggest mover since last
years 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
ISSN: 2151-1845 / CDC10004H
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