Hong Kong hedge funds up 268%
in two years
A survey carried out by the Securities and Futures Commission (SFC) in June 2006 found that the number of hedge fund managers in Hong Kong has doubled in the past two years while assets under management have shot up 268% to $33.5 billion.
Christopher Lee, chairman of the Alternative Investment Management Association Hong Kong, commented: "We welcome the SFC's survey into the size and scope of the Hong Kong hedge fund market. It confirms that the industry continues to thrive and is important for both the local, and South-east Asia's, economy."
The bank of New York and Mellon mergeThe Bank of New York and Mellon have entered into an agreement to merge. The new company will be called The Bank of New York Mellon Corporation. It will have $16.6 trillion in assets under custody and corporate trustee with $8 trillion...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
