Billion Dollar Club

Asia-Pacific assets revive a little to more than $130bn


Industry assets show only a gradual recuperation in 2009 despite the strong rally in Asian markets and talk of resurging inflows. But now a whopping 71% is managed from inside the region

The year 2009 was no doubt a watershed year for the Asian hedge fund industry - total assets bottomed out at $118.75 billion at mid-year and then began a slow healing process, helped in part by soaring markets, high-quality launches and global investors once again training their sights on Asia.

Another major trend was the migration of assets east to be managed within Asia, with Asia-based managers now running a good 71% of the industry assets and managers outside Asia (mainly UK and the US) seeing their share deplete to 29%. Hong Kong emerged as the biggest surprise