Billion Dollar Club

Asia-Pacific assets show healthy 15% growth in 2010 to hit $152bn


After a prolonged period of feeble recovery, the Asian hedge fund industry brought in both performance and reasonably strong capital inflows to grow by a robust 15% in 2010, while the migration of assets East continued with 74% of the industry assets now being run by Asia-based managers

What a difference six months can make. The AsiaHedge Asset Survey for 2H 2010 shows a significant acceleration in Asian hedge fund assets during the last six months of 2010, helping the industry end the year at $152.39 billion – a 15% expansion from the $132.48 billion level seen at the end of a very tough 2009. Though Asian hedge fund assets are still a long way off their historical high of $192 billion at end-2007, the green shoots seen in 2010 combined with a much improved investor sentiment present very encouraging signs.