Market to SFC: more retail hedge funds please
Survey shows institutions in HK and Singapore expect their hedge fund investments to grow by 20%-25% for next two years.
A survey of attitudes towards hedge funds in Hong Kong and Singapore shows that industry participants feel the authorisation of more retail products is the key to boosting investor confidence and investment flows into hedge funds. Commissioned by Bank of Bermuda and Pioneer Investments, the survey was conducted between February and April 2004 and covers 47 firms including retail banks and IFAs, institutional investors, investment consultants and private banks in Hong Kong and Singapore.
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