SFC releases Hedge Fund Survey report

On 11 March the SFC released “Report of the Survey on Hedge Fund Activities of SFC-licensed Managers/Advisers”. The report shows that assets under management or advisory (AUM) in Hong Kong increased 14% since March 2009. Some of the highlights of the report are:

• The number of hedge funds managed by the SFC-licensed hedge fund managers in Hong Kong stood at 538 which is 5 times the number in 2004.
• The hedge funds invested mainly in Asia Pacific using equities long/short strategy and multi-strategy.
• Overseas investors continued to dominate, with 92.1% of the investors being from overseas. In terms of type of investors, fund of funds and other institutional clients, such as banks and insurance companies, were the major types.

The full survey report is available on the SFC website at www.sfc.hk