Weekly Asia News (Friday)

Weekly Asia News (Friday)
Fan of dollar bills

Senrigan and Turiya buck trend by doubling their assets

Let’s face it: Asian hedge funds have been awful this year. »


Hong Kong at night

DragonBack Capital closes both hedge funds to become hedge fund platform

Hong Kong-based DragonBack Capital, a multi-strategy hedge fund, has decided to re-position itself as a hedge fund platfo »


Singapore

Singapore’s Canning Park Plans Large-Cap Asia Hedge Fund

Singapore-based hedge fund, Canning Park Capital, is launching a fund to target equities in large-cap companies across As »


Leon Black, Apollo Management

Apollo mulls over new Asia credit fund

Apollo Management L.P., Leon Black’s (pictured) global private equity firm, is believed to be considering the launch of a new Asia credit fund. »


Head of Newedge Asia Pacific, Laurent Cunin

Newedge plans 50 new hires in Asia sales

Newedge, the Paris-based brokerage formed through a joint venture between SocGen and Credit Agricole CIB, has revealed it »


Pankaj Agrawal, chairman of Signature Group

Apache Advisors partners with Signature Group of Dubai

Signature Group has formed a partnership with Apache Advisors, a Dubai based consultancy. »


Hong Kong

Omnium names Alexis Fosler head of international sales

Omnium, a provider of administration and middle-office services for hedge funds and financial institutions, has appointed Alexis Fosler as head of international sales. »


Chirstophe Lee, Chiarman, AIMA Hong Kong

New fund managers “future backbone” of industry says AIMA Hong Kong Chairman, Lee

Already in this week’s newsletter reference has been made to the slow return of capital inflows to Asia. »


Arrow up on a graph

UBS sees 30 percent uptick in short positions from its hedge fund clients YTD

 Swiss bank UBS AG has revealed this week that the global economy is continuing to create contrarian viewpoints, not »


Iceberg

Iceberg real estate fund to target Asian investors and double assets

Reech CBRE Alternative Real Estate LLP, the USD156 million joint venture hedge fund owned by CB Richard Ellis and Reech A »


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