Phone Call From China

Filed in archive Hedgetalk on January 26, 2007

A couple of days ago I got a call on my cell from Beijing, it was a hopeful analyst who had read a story about a hedge fund launch I wrote at some point. She was looking for a job and thought I might be able to help.

This got me thinking about Chinese hedge funds and emerging markets and all that good stuff. So I looked into it and China was the busiest emerging market in 2006, with deals worth $104.3 billion, an increase of 69% on 2005. Russia and south korea followed with $98.5 billion and $42.3 billion worth of deals respectively.

The World Bank predicts the Chinese economy will grow by 9.6% this year; and other mainstream economists put their forecasts at a minimum of 8.8%, that means the nation has a good chance to become the third biggest economic power by 2008.

So I may not have been able to help with finding her a hedge fund job, but I have a feeling that she, and China will do just fine.

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Rating: 8.00 out of 4 vote(s) cast.

Response from: CHINA HEDGE (02/14/07 4:29am)

Yes, China hedge funds is booming. More and more China hedge funds will set up in the region, Hong Kong, Shanghai, Beijing and even in Shenzhen.

Response from: (03/07/07 12:19pm)

If you cannot use short strategies, how can a hedge fund make a big return through the Chinese market?
But once Index Future appears, this would be a good industry.

Response from: J (05/20/07 11:05pm)

are chinese hedge funds really distinguishable from mutuals? the existence of true hedge funds in china seems debatable!

Response from: CHINA HEDGE (05/21/07 7:48am)

Long Short for most of China Hedge Funds.
In PRC, private funds on arbitrage strategies are really existed.

Response from: Arizona Employee Handbook (06/04/07 10:49am)

For some good years now, Chinese industry and together with it the economy are booming. Every country is now drowned in Chinese merchandise. Their exports surpass most if not all the other countries. And of course it has a huge work-force. So numbers are not a matter. So how can it not grow?