Asian hedge funds seek improvements: survey

Most hedge-fund managers in the region support more regulation to protect investors, according to a CFA body.

According to a survey of hedge-fund managers in Asia conducted by the CFA Centre for Financial Market Integrity, 77% of respondents support greater regulation by financial service authorities or securities regulators to protect investors, and 49% say regulation should aply to both retail and wholesale investors.

The CFA Institute received 204 responses from both CFA charterholders and others in the asset management industry based in Hong Kong, Singapore, Japan and Australia, of whom 45% manage hedge funds or funds of...

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