How big is the Asian hedge fund opportunity

With the global asset management industry in a state of flux, investors are lapping up alternative strategies. As a result, the Asian hedge fund industry has enjoyed rapid growth. But is the proliferation of the pure Asian hedge fund constrained by endemic illiquidity, lack of confidence in local institutions and red tape? At the Asiamoney Equity Forum in October 2002, we brought together five industry experts to discuss hedge funds in Hong Kong and Asia.