Hedge Funds

Citi identifies sweet spot for size in Asia


Dagmar Baeuerle
Hedge funds in the Asia-Pacific region stand a better chance of attracting direct allocations from pension funds and sovereign wealth funds within the region if they stay relatively small and nimble rather than turn into hulking multi-billion-dollar behemoths.

This is the conclusion of a global survey recently conducted by Citi Prime Finance on public and private pension funds and sovereign wealth funds with combined $1.7 trillion in assets.

Dagmar Baeuerle, a director at Citi Prime Finance, says many of the direct allocators interviewed in the survey showed more interest in fund managers with