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2010 Top Hedge Fund Firm Launches

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2010 Top Hedge Fund Firm Launches

Name

Style

Location

AE Capital Mgmt

Global Macro

Singapore

Astenbeck Capital Mgmt

Commodities

Westport

Black's Link Capital

Event-Driven

Hong Kong

Castle Hill Asset Mgmt

Fixed Income

London

Doubloon Capital

Distressed

Norwalk

Edward Hornstein

Long/Short Equity

New York

Munsun Asset Mgmt

Asian Equities

China

Nautical Capital Mgmt

Commodities

Purchase

Source: HedgeTracker.com

 

 

I am glad to say that China-related start-ups had taken three positions in the top 10. Considering the new regulation moves in EU, there would be more and more hedge funds heading to Asian asset management centers such as Singapore and Hong Kong. As the same time, as western firms are closing their offices in Asia, investment professionals in regional offices would like to start their own funds.

 

As the development of domestic hedge fund industry within China, Shanghai and Shenzhen could be potential hedge fund centers comparing to Hong Kong and Singapore.

 

2010 Top 5 China Hedge Fund Launches

Name

Style

AUM (RMB mln)

Company

Zhongzi Dongfang I

Equity

654

Zhongzi Dongfang Capital

Tongyuan Ruihua II

Equity

290

Shanghai Headwaters Investment

Quanfu I

Equity

235

Shanghai Quanfu Investment

Ruihua VI

Equity

206

Jiangsu Ruihua Investment

Yongsheng Huiyuan

Equity

204

Shenzhen YSHY Investment

 

Right now China hedge funds are all using equity long strategy because of current regulation environments and lacking of investment vehicles in China capital market. As the regulator had decided to allow short sales, margin trading and index futures trading, we could expect that local Chinese investors could be an emerging power in Asian hedge fund industry. I had been in talks with several family offices and global FoFs recently, it could be an opportunity for us to follow the domestic hedge fund sector to be await for glory days of absolute returns.



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