All change as the balance of economic power heads East
Fri Jul 24, 2009
Paul Smith talks to AsiaHedge about the regional impact of the credit crunch on fees, the prospects for start-ups and more established names, and a rare opportunity in the making
Paul Smith is a co-founder of Triple A Partners, a Hong Kong
based seeding platform. He is well known in the regional and
global hedge fund industry as the former head of alternative
fund services at HSBC and before that, of course, Bank of
Bermuda, since 1996. It would be fair to say that he has played
a leading role in the development of the global and regional
hedge fund industry over this period.
So is it really all change for hedge funds?
PS I believe that the expected changes to the
industry will be less perceptible than people think. I am not
so sure that the world has shifted on its axis like everyone
expected it would. It should have done, after what happened
last year, but people seem to be slipping into their old ways
again, getting back on the roller-coaster, and going for
ISSN: 2151-1845 / CDC10004H
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