Asian Firms Favor Tougher Hedge Fund Restrictions

Aug 18 2009 | 4:45am ET

Asia’s institutional investors and asset management industry overwhelmingly favors stricter rules for hedge funds, according to a new survey.

Almost three-quarters of Asian corporations and financial institutions support tougher rules for hedge funds, according to a new report from Greenwich Associates. Some 84 Asian firms, excluding those in Japan, were polled.

Asia saw the worst ravages of the global hedge fund crisis last year, with huge losses and dozens of firms closing their doors.

The regulatory fervor in Asia is not limited to hedge funds. The Greenwich survey shows that more than two-thirds of those firms polled would like to see the creation of systemic regulators, with an even larger number backing stricter rules governing derivatives, and seven in 10 in favor of separating investment banking and commercial banking.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of