Key Details
- Hedge fund assets under management (AUM) in Singapore surged 37% to S$327 billion by end-2024, amid a broader S$6.07 trillion asset base.
- Singapore and Hong Kong remain key hubs as global hedge funds Citadel and Dymon Asia Capital recruit regional talent to diversify portfolios and capitalize on robust Asian market gains.
- Dymon Asia’s recent hires include experienced macro and rates traders from JPMorgan and other firms, while Citadel has focused on portfolio managers specializing in technology, media, telecommunications, and China equities.

Why It Matters for Gulf–ASEAN
The growth of Asia-focused hedge funds headquartered in Singapore and Hong Kong underscores the region’s rising investment appeal, presenting Gulf investors with enhanced access to diversified Asian market strategies and a more mature alternative investment ecosystem.

What It Means for GAE Community
- ASEAN's asset management hubs are becoming pivotal gateways for Gulf capital seeking exposure to Asia’s growth sectors.
- Increased hiring by hedge funds signals stronger market confidence and deeper liquidity pools in the region.
- Opportunity for Gulf–ASEAN partnerships in asset management and fintech innovation within alternative investments.

🔗 Source
Read the full article via Business Times