Hedge Funds

Asia has been a growing region for the hedge fund industry: The region's hedge funds

have attracted $3 billion in net capital allocations this year through July, according to a

report by Eurekahedge Pte. Additionally, Asian hedge-fund startups have raised an average

$20 million each in the first half of 2014, more than the average $15 million raised in 2013.

There is potential for more growth — Preqin Ltd. estimates that Asia Pacific-based firms

represent about 13 percent of all hedge fund managers, but less than 4 percent of total

industry capital.

And new developments could lead to significant changes in the region and provide

a boost to the sector. The domestic hedge fund industry in China is beginning to see

growth after the establishment of the Asset Management Association of China (AMAC),

a self-regulatory organization sponsored by the China Securities Regulatory Commission,

Deutsche Bank AG said in a report. Shanghai’s Pudong area, home to the city’s

main Lujiazui financial district, plans subsidies and a government fund-of-funds to

encourage hedge-fund growth, according to Shi Haining, director-general of its Financial

Services Bureau.

In this special report, we analyze the best-performing Asia-based funds by size and strategy.

We take a look at why hedge funds investing in India have become the world’s best

performers this year and the new funds that are expected to launch in the next few months.

Hiren Ved, chief investment officer of Alchemy Investment Management’s Alchemy India

Long Term Fund, says he has faith in Indian Prime Minister Narendra Modi. Rajesh Ranganathan,

director of Hong Kong-based Doric Capital Corp., talks about where the Doric

Asia-Pacific Small Cap Fund is finding investment opportunities this year. Job Campbell,

managing director and senior portfolio manager of the Income Partners Asset Management

(HK) Ltd.'s IP All Seasons Asian Credit, gives his reasons as to why Asia credit is

attractive. Michael Coleman of...