The next ten years will bring many changes to the world economy, perhaps the biggest one the relinquishing of first place of the United States to the emerging giant economy of China. The numbers are the GDP in trillions of dollars 1. United States: $14.6 2. China: $10.0 3. Japan: $4.3 4. India: $4.0 5. …
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Derivatives trader and former managing director of Standard Chartered, Yiming Liang, in partnership with Yang Yang, the past chief investment officer of China’s Huatai Asset Management in Hong Kong are preparing to start a new hedge fund enterprise this coming April, Goldstream Capital Management. The two successful money managers have been friends for over 20…
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Though the eurozone crisis is far from over, hedge funds and analysts have begun shifting their attention to a different, looming disaster emanating from China as its economy starts to slide. The Emerging Sovereign Group, a $1 billion hedge fund, recently told its clients: “We have a gathering sense that the next act of this…
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China Heading Up or Down? Although China-based hedge funds didn’t do so great last year compared with peers around the world, interestingly they still “took in money almost twice as fast,” netting inflows of US$3.5 billion (marking a 23 percent growth), significantly higher than the entire global hedge fund industry (which was 14 percent). In…
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