04.05.2009 Opalesque Exclusive: Asian hedge fund industry seeing lots of startups with new business plans and backup, positive performance seen because of region`s `natural healing process`
From Komfie Manalo, Opalesque Asia:

Participants at the recent Opalesque Singapore Roundtable agreed that Asia is seeing a new wave of hedge fund startups, “which is exactly what we saw post the Asian crisis.” And the new breed of managers has well-thought and good business plans, as well as backers in terms of incubator monies or committed seed capital between $25m and $50m sai

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