How layoffs in the Asian banking sector might be a boon for hedge funds
| Feb 23rd, 2009 | Filed under: Featured Post, Today's Post | By: Alpha Male |
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We are broadcasting on location this week from Hong Kong where the hedge fund industry has recently undergone a convulsion that could either spell either disaster or a new era of opportunity.
It has been widely reported that Asian hedge funds have been skewered by the recent pullback in the hedge fund sector (example). But the South China Morning Post contained an interesting piece yesterday on how financial services layoffs may flood the hedge fund sector with talent and entrepreneurial energy of which it could only have dreamed a year ago (article also available here via Lexis/Nexis to HedgeWorld subscribers).
Says the paper: More…
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