Crunch ultimately a boon to Asian asset managers

Feb 4, 2009

Musing about the future of regulation and the fate of financial institutions, Clifford Chance partners see the buy-side displacing investment banks.

For fund management executives nursing severe drops in assets under management due to redemptions and devaluations, the credit crunch hardly looks like a gift. Asia's hedge funds have been decimated and even the biggest traditional houses are retrenching.

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