In Asia, the hedge fund community consists of around 500 firms, mainly located in the three financial centres of Hong Kong, Singapore and Sydney.
Except in Australia, Asian hedge funds are seeking regional and international market coverage. Half of the hedge funds operating in Asia are located in Singapore, 30% in Hong Kong and 20% in other cities.
The rate at which hedge funds are setting up in Asia has accelerated strongly in the last two years. The number will soon be similar to those seen in E