19.10.2010 - Asian hedge funds struggle to raise cash even as economy booms

From Bloomberg: Asian hedge-fund managers are missing out on the cash flooding into the world’s fastest- growing region, leading some to close funds or defer new offerings. Singapore-based Amoeba Capital Partners Pte, run by the former head of Asian investments at Morgan Stanley’s asset- management unit, is returning money to investors in its stock hedge fund, citing “tough” industry conditions..............................................Full Article: Source

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