Banks cannot provide as wide a range of services as in the past, say family offices, which are having to broaden their range of counterparties as a result.
Asia's top hedge fund managers are remaining dignified and pragmatic in the aftermath of the US downgrade.
Hedge fund Boyer Allen has hired Artradis COO Jim Sweeney as group CEO. He is due to start in Hong Kong on April 1 this year.
Steve Diggle’s successful alternative investment firm is handing capital back to investors, with a group of Artradis employees planning to start up again soon in a new venture.