Asia's hedge fund renaissance

During Asia''s financial crisis back in 1997, hedge funds bore the brunt for triggering the tidal wave of financial woes as markets across Asia crashed. Today, just seven short years later, Asia''s hedge fund industry is enjoying a change in fortunes as i

Asian economies are well on the road to post-crisis recovery - thanks to a combination of measures that together have served to reduce the region's systemic risks, with the main factors being the marked improvements in bank regulations, exchange rate regimes and foreign reserve levels. Demand for hedge funds in Asia is soaring, as the formerly much-maligned hedge fund industry enters a phase of significant growth. This remarkable turnaround is perhaps an implicit acknowledgment that hedge funds had been unfairly...

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