AsianInvesterAsianInvester

Asia's hedge fund renaissance

During Asia''s financial crisis back in 1997, hedge funds bore the brunt for triggering the tidal wave of financial woes as markets across Asia crashed. Today, just seven short years later, Asia''s hedge fund industry is enjoying a change in fortunes as i

Asian economies are well on the road to post-crisis recovery - thanks to a combination of measures that together have served to reduce the region's systemic risks, with the main factors being the marked improvements in bank regulations, exchange rate regimes and foreign reserve levels. Demand for hedge funds in Asia is soaring, as the formerly much-maligned hedge fund industry enters a phase of significant growth. This remarkable turnaround is perhaps an implicit acknowledgment that hedge funds had been unfairly indicted as one of the major contributors to the crisis when it was the complex interplay of other macro factors that were ultimately responsible for the meltdown; factors such as overwhelming levels of foreign debt, high domestic interest rates and too rapid a liberalization of currency markets.

Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.