China shows signs that it is moving towards opening to hedge funds

wall-of-china
China on path to liberalise mainland market

Asia’s hedge fund industry is rapidly evolving and becoming more sophisticated. The quality of managers has vastly improved in recent years and the range of strategies employed by Asian managers has broadened, say those with knowledge of the market.

Testament to this is the recent link-up of NewAlpha Asset Management and Woori Absolute Partners to create an Asia-focused seeding fund. In February Worri NewAlpha Fund announced its first seed investment in a Singapore-based equity long/short manager