Detail The Crocodiles are Coming; Hedge Funds in Asia   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8757 (Oct. 2011), page 71-72. Topik: Hedge Funds; Competition; Industrywide Conditions Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Where they are not greeted with apathy, Asia-minded hedge funds often face antipathy. Since the financial crisis of the late 1990s "fund" has been a four-letter word throughout Asia. George Soros, a famous hedge-fund investor, is still reviled for aggravating and profiting from the crisis. When the Chinese refer to hedge funds as ju e, or "big crocodiles", it is not by way of a compliment on their killer instincts. Despite muted interest and outright scorn, though, more and more hedge-fund managers are determined to make their mark on Asia. They see a lot of money to be made, a lack of entrenched competition and a vast number of potential clients. Enthusiasts think eventual success for the hedge funds would bring wider benefits. In moving away from equities towards corporate bonds, currencies and new derivatives the funds should add to the liquidity and sophistication of Asian markets. Raising capital will be easier and cheaper when there are more hedge funds hungry for debt or equity. Hedge funds sniffing out fraud will be good for other investors, too. And then there are changes in the markets which could alter the prospects for hedge funds. Recent signs pointing to trouble in the Asian equity and property markets could move investor sentiment their way. A serious slowdown could show wealthy Asians the merits of putting money into assets other than just equities and property. According to one hedge-fund executive, "I think a slowdown...in Asia could be the best thing to happen to hedge funds here." For that to pay off, though, the funds will have to ride out the falls in asset prices well. Asia may yet come to love its crocodiles. But they will have to show that they can swim in choppy waters. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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