A forum on the development of hedge funds in China, sponsored by Chartered Financial Analyst Institute and CFA Society Beijing, will be held on Nov 28 in Beijing.

Experts and asset managers from home and abroad, including Paul H. Smith, managing director of Asia-Pacific operations of the CFA Institute, Liu Zhen, managing partner at The Red Capital LLC, and Gao Shan, chief of China International Futures Co Ltd, will discuss at the event the trend, characteristics and prospects of hedge funds in the Asia-Pacific and China.

Chinese investors have to seek alternative investment opportunities given lukewarm return of the stock and real estate markets, said Smith. Hedge funds, with their advantages in risk diversification and stable returns, are a $2.5 trillion international global business, making them a highly rewarding option for high net worth individuals, he added.

Xie Dawei, president of CFA Society Beijing, said that talents are critical for financial innovation. "Many Wall Street elites returned to China to create their own hedge funds after the financial tsunami. This forum will provide solutions for their questions so that they could better serve the investors," said Xie.