英文: Retail Hedge-Fund Mkt Perking Up
Retail Hedge-Fund Mkt Perking Up HEDGE FUNDS are creeping into the investment mainstream in Asia as retail investors -- weary of several years of stock-market losses -- are increasingly attracted by the prospect of ending the year with more money than they started out with. Mutual funds may beat their benchmarks, but what fun is that when it means losing less than the index? Mutual funds have never really caught on in this part of the world, but retail hedge funds just might -- given their possibility for world-beating returns, and despite that they offer a whole new category of major risk for the investor. And if hedge-fund companies are salivating to get going in Asia, it isn t hard to see why. Globally, hedge-fund assets have skyrocketed to US$600 billion in 2001 from US$45 billion in 1990, according to industry estimates. But Asian investors account for only around US$30 billion of those assets.
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