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Komfie Manalo, Opalesque Asia:

Hedge fund managers are uncertain when it comes to investing in Asia, particularly in China, where there are issues such as slowing growth, a devaluation of the currency and a poorly executed stock market bailout. This was the result of a recent survey by the New York Hedge Fund Roundtable, a non-profit organization focused on promoting ethics and best practices within the alternative investment industry, which asked its members how the recent volatility in China impacts Asia’s investment opportunities.

The respondents of the survey were comprised of fund managers (15%); allocators (13%); risk management or trading (8%); service providers (60%) and other industry participants (4%).

The majority of them agree the biggest challenge investors face is the overall lack of transparency regarding the accounting of Chinese companies. But they also believe that such concerns have done little to deter investments in China and have merely made investors more cautious about which stocks they put their money into.

Here are the key findings of that survey:

• Only 17% of respondents believe the Chinese economy has already reached its bottom, while 83% of respondents think China’s economy is likely to head lower.

• When asked how skeptical U.S. money is about investing in China, 49% of respondents believe that uncertainty about government intervention in China and the country’s curr......................

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