A fertile environment for successful investing
Since the early years of this decade, Singapore has become one of the most significant bases for hedge fund managers in the Asia-Pacific and the range of Singapore-based funds is testament to its role in enhancing the depth and breadth of the Asian hedge funds industry.
While there is still a preponderance of long/ short equity funds (many with a long bias), a quick glance through the list of Singapore-based managers reveals a wide and growing variety of strategies.
There are many reasons why managers favour Singapore, from its geographical location to its relatively low-cost base and high quality of life.
But, whatever the motives of individual managers, one universal message comes through clearly the Singapore regulator welcomes hedge funds and has created an environment that reflects that.
With more than 100 funds now headquartered there, the efforts of the city states...