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Article: Asia Hedge Funds Eye Q3 Inflows
- Article from:
- Reuters Hedgeworld
- Article date:
- June 15, 2009
CopyrightCopyright 2009 Reuters Hedgeworld. Provided by ProQuest LLC. (Hide copyright information)
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SINGAPORE (Reuters) - Asia-based hedge funds will see a
turnaround in inflows in the third quarter as investor confidence
returns, but new players may still struggle on concerns over risk
controls in the industry.
Like their counterparts in Europe and North America, Asian hedge
funds have suffered heavy redemptions since Lehman Brothers Holdings
Inc.'s collapse in September and the Bernard Madoff investment fraud
spooked investors and spurred a retreat to safer assets.
But the pace of withdrawals is slowing, and several industry
players predict Asian hedge funds could see net inflows during the
second half of 2009, judging by expressions of interest by potential
investors and requests for ...