The precise proportion of Asian hedge fund assets that are
invested in equity-based strategies is open to conjecture.
According to the latest AsiaHedge data, as of June 2011 there
was a total of $144.65 billion invested in Asian hedge fund
strategies. Of this, close to $102 billion, or a little over
70%, was in dedicated equity funds (specified as global equity,
Australian equity, Chinese equity and Indian equity), or
overwhelmingly equity-based strategies (Japan long/short and
market-neutral; Asia ex-Japan and market-neutral; and Asia
including Japan and market-neutral).
This, however, overlooks the equity component of
multi-strategy funds (contributing $14.2 billion, or almost 10%
of the total) and event-driven strategies as well as the equity
index allocations of macro strategies. It also excludes
strategies categorised as 'other’, which amount to
$13.3 billion, or 9.2%, and which includes Korean, Taiwanese,
Thai, Vietnamese and Indonesian equity strategies. ...