Room for growth: hedge funds in the Asian milieu

regional focus: Asia

Traditionally, Asians have held mixed feelings toward hedge funds. On one hand, speculative trading, especially the attacks initiated by large global macro hedge funds such as George Soros' Quantum Fund and Julian Robertson's Tiger Fund, was blamed by government officials across the region for Asia's worst financial crisis in 1997 and 1998, which swept away hundreds of billions of dollars of wealth.

Dr Mahathir Mohamad, the former Malaysian prime minister, is well known for his outspoken

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