July 31, 2006

Hedge Fund Boom in Asia

The top 25 Asia-based hedge funds managed to generate $22.6 billion in assets. It signals a shift in the hedge fund industry towards the emerging Asian markets. Although the size of the Asian hedge fund market is small in comparison with the US and European market, the current trend suggests that it will give tough competition to the rival markets soon.

Japan and China are among the few countries that lead the hedge fund market in Asia. The largest Asian hedge fund is Tokyo-based Sparx Asset Management with an asset of $US5.2 billion. The rise of the Asian hedge fund industry is significant, as Asia was dubbed as a poor investment destination for a long time in the past.

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