Hedge Funds Ride Greater China Wave

Hedge funds investing in the Greater China region are still reaping the benefits of the long China story and new funds are entering the market in droves. Sources say that the number of existing hedge funds has doubled in the region with total assets under management increasing by more than 100% in the past few years.

Rajeev Baddepudi, a senior analyst at Eurekahedge, estimates there are currently over 90 hedge funds investing in the Greater China region, managing some US$12 billion in total assets.