Opalesque – Asia is indeed attracting a lot of attention from investors, and hedge funds are said to be making a beeline into the region. The latest global hedge fund to join in is Fortress Investment Group, a New York-headquartered alternative asset manager with $31.8bn in AuM.
Various media reports said that Fortress is planning to re-establish its presence in Asia with the opening of a new office in Singapore – as indeed, records from Singapore’s Accounting and Corporate Regulatory showed that Fortress recently registered a company in the city-state.