Asia-Pacific assets revive a little to more than $130bn
February 22, 2010
Industry assets show only a gradual recuperation in 2009 despite the strong rally in Asian markets and talk of resurging inflows. But now a whopping 71% is managed from inside the region
The year 2009 was no doubt a watershed year for the Asian hedge fund industry - total assets bottomed out at $118.75 billion at mid-year and then began a slow healing process, helped in part by soaring markets, high-quality launches and global investors once again training their sights on Asia.
Another major trend was the migration of assets east to be managed within Asia, with Asia-based managers now running a good 71% of the industry...
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