Seeking less scrutiny, hedge funds flock to Singapore and Hong Kong

Reuters, 17 May 2010
As regulators in developed markets step up oversight of hedge funds, these free pools of capital are increasingly set to make their home in Singapore and Hong Kong.
That will accelerate the flow of talent and foreign funds into Asia's top two financial centers, at a time when asset managers are already eyeing the region's rising wealth and strong economic growth.
"Asia, and Singapore in particular, could definitely benefit from the stupid regulatory environment in Europe," said Lionel Martellini, director of France's EDHEC Risk and Asset Management Research Center. Full Story