Only 62 new hedge funds
launched in Asia last year, the lowest since number since 2009
and just 15 were China-focused funds, data provider Preqin said. But Japan-focused funds more than. -February 28, 2024 at 09:44 pm EST
- MarketScreener
Asia hedge fund launches drop to lowest number in 14 years inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to life insurance in a bid to lure top talent.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to
After months of steering clear of China, global asset managers and hedge funds say they are seeing tentative signs of a recovery on the mainland and value in the country’s depressed stock markets.