Investors redeem risky China hedge fund managers

Conservative managers have become more attractive for investors backing away from "terrible" environment in China

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Unpredictable regulatory action and government interventions have turned China into a difficult environment for hedge funds, particularly for onshore liquid strategies, making conservative managers more attractive for investors.

The government has pumped public money into the market and placed restrictions on the sale of stocks.

Bruno Schneller, chief investment officer at fund of hedge funds (FoHF) Skenderbeg Alternative Investments in Zurich, agrees nobody knows the real price of stocks in

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