Why hedge funds aren’t hungry for China WFOEs
Foreign asset managers are busy debuting onshore China products through their local units but hedge funds are in no rush to do so, thanks to high hurdles and low demand, say experts.
Large traditional asset managers may be busy launching the first onshore China private funds out of their new mainland branches — Aberdeen Standard, BlackRock and Schroders have done so in the last month — but most hedge funds appear in no hurry to make similar moves.
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