China's "sunshine" hedge funds are poised for growth driven by demand from HNWIs
By: Jenny Yee Wong
Aug. 16 2011
The Chinese fund industry's main product has historically been publicly offered funds. In recent years, however, the industry has seen a diverse influx of new entrants as the government has passed a series of laws related to private funds. Private funds' AUM is growing rapidly in response to investor demand, particularly from high-net-worth individuals.
