Asian hedge fund business could halve

News

The hedge fund business in Asia is set to decline by as much as 50% in managed assets during the coming year, as fund managers face redemptions and struggle to put on successful trading strategies that do not require significant amounts of leverage.

This view was expressed by hedge fund industry participants in a panel debate on the future of the hedge fund industry at the Asia Risk 2008 congress in Hong Kong on November 21. "One third to one half of the industry is going to disappear," said Mich

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