Business Times Malaysia – Singapore Exchange Ltd (SGX) hopes to have up to 20 hedge funds listed on its bourse by year-end, and is searching as far abroad as Japan, Australia and Europe forcandidates, exchange officials said last Friday.
Last month, Asia’s third-largest publicly traded exchange began accepting hedge fund listings, a sector currently dominated by the Irish and Luxembourg stock exchanges.
“We are very close to seeing the first listing, and by year-end we hope to see 10 to 20,” Sharon Ang, an assistant vice president with Singapore Exchange said.
