Value Partners Tops Ranking of the Biggest Asia-based Hedge Funds After three years at No. 2, Value Partners takes over the No. 1 spot in the Asia Hedge Fund 25, Institutional Investor’s ranking of the largest Asia-based single-manager hedge fund firms.
Assetwise, Asian hedge funds are rebuilding after a year of devastating losses and redemptions. As of April 1, 2010 the firms in the Asia Hedge Fund 25 managed $36.1 billion in assets, up 19.9 percent from a year earlier.
In the first quarter of this year, however, Asian-focused hedge funds saw $700 million in net redemptions, according to Chicago-based Hedge Fund Research. During the same period the $1.67 trillion global hedge fund industry took in $13.7 billion.
How the Ranking Was Compiled In Institutional Investor’s 2010 Asia Hedge Fund 25, our fifth annual ranking of Asia’s biggest single-manager hedge fund firms, we provide each manager’s total assets under management as of April 1, 2010. Where possible we also show assets at the individual fund level for up to five funds, with net 2009 and first-quarter 2010 returns. Asset totals reflect a firm’s internally run single-manager funds and separate accounts, including actively managed long-only hedge funds. Totals exclude funds of funds, funds managed by third parties, dynamic money market funds, private equity and venture capital. Assets in managed-futures accounts are stated as actual (cash) rather than nominal (trading level) values, unless otherwise noted. Assets run anywhere in the world are included, as long as the firm is wholly owned by a parent company that is headquartered in Asia.
We gathered the data through questionnaires completed by hedge fund managers and supplemented by extensive staff research. In some cases asset totals or returns represent our estimates.
Of course, we may have missed some firms that belong on the Asia Hedge Fund 25. To receive a questionnaire for next year’s ranking, please e-mail us at hedgefundrankings@iimagazine.com.
This ranking was compiled by Senior Editor Jane B. Kenney, with the assistance of Hong Kong–based Researcher Carol To.