Hedge funds in no rush to set up in China
Paamco's David Walter does not see hedge funds clamouring to establish a China presence. Meanwhile, the Hedge Fund Standards Board is expanding into Asia, reflecting the industry's development.
The world’s biggest hedge fund manager may have set up a wholly foreign-owned entity in Shanghai, but that is unlikely to spark a wave of sudden moves among Bridgewater Associates' peers, argues an industry veteran.
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