News article from Investor Daily today is a worthwhile read.
The implication of this is potentially significant for Australia's absolute return and hedge funds sector - assuming they qualify under the SIV rules, and assuming they are sufficiently well organised to market to the UHNW Chinese market.
There still appears to be some question marks around the use of derivatives which might make qualifying difficult for many hedge funds, and the sector has never had the benefit of an industry wide marketing or communications plan which it needs.
Read the entire article here.
