Opinion

Shooting Stars

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How the lifecycle theory is bringing about a dynamic shift in Asian hedge funds

By Aradhna Dayal

nullAs another potentially rocky year gets underway, the major headlines dominating the Asian hedge fund world are revolving around several high-profile fund closures and M&As. In Singapore, Artradis is finally shutting shop and Sanjay Motwani’s Sansar is returning capital to investors, Brummer has closed down its Karakoram fund and Nezu has entered a strategic deal with Tiger’s Julian Robertson.

At first glance it looks as if the much-anticipated consolidation story is finally playing out in Asia. But a closer look reveals that there is a much bigger shift in dynamics