Top quotes from the Hedge Fund Summit

HONG KONG/SINGAPORE (Reuters) - Here are some of the top quotes from speakers attending the Reuters Hedge Funds and Private Equity Summit.

DEAN VAN DRASEK, EXECUTIVE DIRECTOR, LIM ADVISORS

"You're just waiting for somebody to get a margin call, or somebody to get redemptions, and then they become a forced seller and that drives the price down. So why pick it up now if you think that there are these players with weak hands?"

RICHARD FAN, PARTNER AT UG INVESTMENT ADVISERS

"China is in an extremely bear market that is going down and there's no end in sight... Taiwan I believe is at the beginning of a major bull market right now."

JAMIE PATON, ASIA HEAD OF CANDOVER (CDI.L: Quote, Profile, Research, Stock Buzz)

"Can you a find high-quality, sizable business like that in China or India to support making acquisitions both domestically and internationally?" asked Candover's Asia head Jamie Paton, referring to Indian automaker Tata Motors (TAMO.BO: Quote, Profile, Research, Stock Buzz).

"That's the kind of place where Candover will go hunting for opportunities, not someone living off a low-cost manufacturing base."

"The amount of work required around the services involved, as China and India develop its own oil and gas industries, is huge,"

NICK BLOY, CO-FOUNDER OF NAVIS CAPITAL PARTNERS

"Where a government in Asia is regulating, they're effectively distorting value and allocating value... If there is allocation of value going on, we don't think it will go to the foreign investor, we think it will go to the national champion or worse, the brother of the prime minister."

FRANKE HOLLE, DIRECTOR AND CO-FOUNDER QUANT ASSET

MANAGEMENT

"We've had a very big overweighting up to three months in Asia, and now, that's not the case any more. Asia has become more expensive and has less earnings growth compared to a while ago," he said, pointing to India as a key example.

"The developed markets have become much cheaper than the emerging markets," he added, citing the U.S., UK and Japan as attractive spots.

MASANO YOSHITAKE, MANAGING DIRECTOR, PRIVEE INVESTMENT  Continued...