Asian hedge fund capital hits new high of US$112b: report

TOTAL capital invested into Asian hedge funds reached around US$112 billion last year, surpassing the record set in 2007, according to the HFR Asian Hedge Fund Industry Report. The previous high of US$111 billion was recorded in 2007, before the onset of the global financial crisis, said HFR, a Chicago-based firm that specialises in hedge fund analysis.

Total assets managed by Asian hedge funds were boosted by investor allocations and performance gains, the report said. In the fourth quarter last year, investors allocated some U…