An anticipated Chinese fund manager crackdown could pare the herd of hedge fund managers by this August. Over 1/2 or more of all Chinese hedge fund managers are expected to close their doors as new regulations in the region seek to tame a “Wild East” environment is “rife with fraud,” phantom hedge funds and shadow lenders. As Chinese hedge fund managers swell to near the same level as global offerings, a Chinese fund manager crackdown could bring balance and reduce fraud, the government hopes Chinese hedge fund launches have been swelling amid loose regulatory standards, as we have reported in…
Chinese Fund Manager Crackdown: Government Wants To Halve Industry By August
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.