HONG KONG 2014
A second constraint to the development of the Hong Kong hedge fund industry is the relative shortage of capital available for start-ups. “There have been
some successful start-ups, but 90% of money has been gravitating to the bigger
managers,” says Colin Lunn, head of fund services for Asia-Pacific at UBS
in Hong Kong. “Managers with less than $100 million are finding it hard to
garner interest from institutions writing $10 million tickets.”
Senrigan’s Nash agrees that conditions have remained difficult for start-ups
over the