In contrast to their Western peers, Asian managers are finding the Chinese market good for returns, while some domestic investors in current regional darling Japan are selling stocks.
US hedge fund veterans at Salt Las Vegas take a bullish view on their home market, while eyeing emerging markets for short-selling opportunities.
Despite Salt's party atmosphere in Las Vegas at night, capital introduction is a hard day's slog for hedge fund managers.
US markets, not Asian markets, are the focus for American investors, say panelists at the hedge fund conference, although Japan is changing up the macro environment.
Salt Las Vegas, the hedge fund industry's biggest cap intro event, will see more Asia-based delegates, fewer gatecrashers and a touch of Hollywood.