Call for clampdown on China hedge funds

Inconsistency in the reporting of performance metrics among China’s rapidly developing industry of private, unregulated funds is being flagged as a major problem that urgently needs to be solved. Some people are calling for private fund companies, often referred to locally as 'hedge funds', to be better regulated and for an industry standard to be established for disclosing data to enable investors to make more informed choices. Private fund companies are not allowed to promote produc…