A year of change and challenge


The Asian hedge fund industry will continue to grow steadily, albeit restricting entry only to high-quality, long-term institutional managers

By Aradhna Dayal

nullAs 2011 draws to a close – the November/December issue of AsiaHedge is our last hard-copy edition for the year – it seems a timely moment to reflect on what has been a rollercoaster year for Asian hedge funds.

The year started on a buoyant note, with industry assets showing a healthy 15% recovery in 2010 and a steady flow of institutional capital – especially from the US – beginning to flow into Asia-dedicated strategies.

These factors set the scene for the emergence of Asia’s very own home-grown, post-crisis billion