Asia-Pacific focused hedge funds distressed assets market
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Beijing October 20 morning news with the Asian banks have started to sell non-performing loans, coupled with factors such as SME financing, hedge funds are finding that next year in Japan, China and Australia, there will be an excellent market investment opportunities.
ADM Capital CEO Robert Appleby on 19 July at a conference held in Hong Kong said that as the bank loans to small businesses and the sale will reduce bad loans, Japan, China and Australia, the level of corporate debt market accumulation will be up to 1 trillion U.S. dollars.
Hong Kong-based ADM Capital, said: "Investors are not difficult to find in the Asian market, the cumulative financial obligations of these enterprises are now anxious to find the right ways to refinance. However, the debt can not enter the capital markets or traditional bank loan market . This makes hedge funds will face a great opportunity to enter the Asian non-performing assets market.
According to Singapore-based Eurekahedge Pte released the latest statistics show that, as of September this year, those to Asia event-driven fund the accumulated gains in this year has reached 6.6%. Those who invest in hedge funds, distressed debt market is as high as 10.5% increase. Chicago-based Hedge Fund Research (Hedge Fund Research Inc) data released in the second quarter of this year, event-driven investment (event-driven) investment strategy to obtain the most assets. Asian hedge fund investors into the new assets of more than 3.6 billion dollars.
Robert Appleby said, and the 1997-1998 Asian financial crisis than the current non-performing assets, there have been changes in investment opportunities. • Robert Appleby in 19 Asian summit held hedge fund, said: "Today's situation has completely changed, it is non-performing assets in Asia we see the best investment opportunities in the market."