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Among the research pieces out this week, a Preqin survey showed that 80% of investors plan to maintain or increase their alternative assets allocations this year and half now have a proactive approach to sourcing alternative asset fund investments; Preqin also found that the the largest and oldest hedge fund have a combined assets of $1.4tln or 61% of the total industry assets; and a survey by Infovest21 showed that fund of hedge funds are customizing their products to suit the needs of their investors.

In the week ending May 31, 2013, Reuters reported that Fred Eckert was making a comeback and was planning to launch a new hedge fund firm Phoenix Star Capital; and that former SAC Capital portfolio manager Miaodan Wu was preparing to launch his own hedge fund in Hong Kong. Swiss CTA Andreani & Associés is to start trading a new quant long/short equity program on June 3rd.

Towers Watson is planning to re-enter the fund of hedge funds indu......................

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