Date
16 November 2018

Foreign hedge funds see growth in China, WSJ says

 

More foreign hedge funds are devoting resources to China, attracted by strong returns and growth potential as well as signs that the country will continue to develop its financial markets, the Wall Street Journal reported on Monday. China-focused hedge funds managed US$12.9 billion in assets at the end of September, exceeding levels before the global financial crisis, the newspaper said, citing data from industry tracker Eurekahedge. In the nine months to September, average returns from China-focused hedge funds surpassed those in neighboring countries, with the exception of Japan, the report said.

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