Asia’s Hedge-Fund Assets to Grow, May Reach $180 Billion, Eurekahedge Says

Bloomberg – Assets managed by Asian hedge funds may exceed $180 billion in the next 12 to 18 months as the region’s growth attracts investors amid U.S. economic and Europe sovereign debt concerns, according to Eurekahedge Pte.

Asian hedge-fund assets stood at $134 billion at the end of June, compared with $14 billion at the start of 2000, according to an e-mailed report by the Singapore-based industry researcher. The number of funds has grown eight times to 1,235 since 2000, the report said, citing increased popularity of hedge funds and the easing of regulatory restrictions in the region.

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