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Asia hedge funds remodeled in industry makeover

November 16, 2009  

From Pamela Tang

The shake-up in the region’s hedge fund industry is raising standards for new entrants and has forced many to seriously re-consider their offerings. The key will be making sure lessons are learned.

To judge by the comments of some hedge fund managers and service providers, Asia’s hedge fund industry has undergone a complete makeover over the past few months.

“[Hedge funds] now articulate their investment processes more clearly and how they...


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OFFSHORE RENMINBI DCM

Rank Bookrunner Value ($m) No. %Share
1 HSBC 2,717 31 19.6
2 Standard Chartered Bank 1,889 26 13.6
3 Bank of China Ltd 1,561 17 11.2
4 Deutsche Bank 893 13 6.4
5 Industrial & Commercial Bank of China - ICBC 827 12 6.0
6 Agricultural Bank of China Ltd 607 7 4.4
7 Goldman Sachs 570 8 4.1
8 Citi 569 8 4.1
9 China International Capital Corp Ltd 461 5 3.3
10 DBS 442 9 3.2
Subtotal 10,534 72 75.9
Total 13,886 81 100.0

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