Monday, June 15, 2009

Asian hedge funds look for gain in second half of 2009

According to Reuters, experts are predicting that Asian hedge funds will see an increase in growth in the second half of 2009. They believe this region will recover faster than the US and Europe, in addition to the new asset allocation models adopted by US pension funds.

Aureliano Gentilini, global head of hedge fund research at Lipper, a unit of Thomson Reuters, stated, "Appetite for risk will progressively resume, with new fresh money flows poured to emerging countries as investors' confidence is restored."

Read the full article here.

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