Sun, Apr 26, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Shanghai Hedge Fund Association is officially launched

Monday, July 16, 2012

From Precy Dumlao, Opalesque Asia:

As the Chinese government formally allowed foreign hedge funds to tap into local wealthy individual investors for funds to invest overseas, the Shanghai Hedge Fund Association, or SHFA, was officially launched over the weekend with the aim of promoting hedge funds operating in Shanghai.

In an emailed statement, Clark Song, Mananging Director at SHFA said that the Shanghai hedge fund network would be transformed into an education and communications organization to enable hedge fund firms in the city to participate in public policy discourse and share best practices. It is also a networking group for hedge fund firms and investors.

Song explained, "As a new industry body in the hedge fund business, SHFA wants to invite some veterans to join us as advisors (now we have had three advisory directors from hedge fund firms, investors, and service providers). We hope you could nominate or introduce any person you know. We are thankful for your help."

Last week, the FT reported that Beijing had given foreign investors permission to tap Chinese wealthy individuals for funds to invest in the country. The announcement came as Beijing tries gears towards liberalizing its domestic account, creates a new channel for domestic capital to flow abroad, and give Chinese institutions access t......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner