Singapore Hedge Funds Review

It is reported in this week The Edge that Hedge Funds in Singapore is seeing increasing activities and is home to 138 hedge fund managers according to a recent survey by Alternative Investment Management Association (AIMA)

Here are some interesting finding...

- Average assets under management of single hedge fund is est US$301m. in aggregate at least US$34.9b

- No of professional employed by the 111 respondent single hedge fund is 823

- Equity Long / Short account 47% of fund

- Geographical source of investors for single strategy fund
15% America, 54% Asia, 25% Europe, 1% Middle East, 6% others

- Source of capital by investor
17% funds of funds, 38% high nett worth, 37% institution, 5% propriety and 3% other

- 12 hedge funds run from Singapore advising about US$10b in asset from city state

- All Singapore based hedge fund managers outsourcing their fund administration.