Small and start-up Asian hedge funds are struggling to stay in the game, but industry executives say there are more opportunities for them to gain a foothold and raise capital.
Former CEO of Oppenheimer Investments Asia, Steve Bernstein, is to run a portfolio management services platform out of Hong Kong for Taiwanese firm SinoPac Holdings.
Broker-dealer Oppenheimer Investments Asia is busy bulking up sales, trading and wealth management coverage in the region to support its parent’s investment banking capabilities.