Passage to India proves difficult


Hedge funds have struggled to make serious inroads among Indian high net worth individuals (HNWIs) due to a combination of high returns from the Indian stock market in the past few years, investor suspicion and a wary approach taken by regulators.

These factors have contributed to the reluctance of hedge funds to approach investors for capital. However, with the Indian stock market plummeting in 2008, Indian HNWIs may become receptive to the idea of diversification into hedge funds to enhance re