Billion Dollar Club

Inflows into larger managers propel Asia-Pacific assets to over $144bn


Asia-Pacific industry assets grew by 2.5% to touch $144.09 billion in the first half of 2012, a refreshingly positive result following a difficult period of attrition and weak performance. Other key trends include the growing prominence of multi-strategy funds in Asia and the further migration of the assets to the East, with close to 78% of regional assets now managed from within the region

Contrary to expectations, the Asian hedge fund industry showed a marginal expansion in asset terms in 1H 2012, despite a significantly challenging environment that saw near flat performance and some of the most high-profile withdrawals from the business (such as long-running stalwarts like Penta and Tiger Asia returning money to investors), according to the latest AsiaHedge asset survey.

Neutralising the impact of the shutdowns and a lack of outlier returns was the entrance of significant new players that attracted considerable capital (such as Tybourne and ARCM) and the significant asset