By Steve Au
Hedge funds are having a tougher time in the Asian market than in the U.S. market. With liquidity scarce, it’s difficult to raise capital. It is not surprising, then, that the tone of the HFM Asia Operational Leaders’ Summit held last week in Macau, China was one of caution and cost consciousness. The senior operational executives at the summit zeroed in on how to achieve cost savings and operational efficiencies while avoiding risk and maintaining compliance.