Markets

FSC commissioner hopes to attract hedge funds

By Liz Mak | 4 June 2008
Keywords: fsc | taiwan

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An island flooded with liquidity beckons, says Lee Shyan-Yuan, a commissioner at Taiwan’s Financial Supervisory Commission.

Lee Shyan-Yuan, one of several commissioners at Taiwan’s Financial Supervisory Commission (FSC), believes attracting hedge funds to the market would be a smart move.

He is courting hedge funds to invest in Taiwan and raise money from investors in that market. That’s a bold move from a regulator, considering that many of his peers in other markets in Asia have not yet fully embraced hedge funds; some even still consider them the enemy. Hedge funds, after all, have been blamed – justifiably or not – at least in part for some of the difficult periods in Asia’s financial markets, most ...

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