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HK hedge-fund assets hit $63.2 billion as larger firms take root

Big-ticket funds are on the rise in the territory as the number of smaller firms shrinks, according to the Securities and Futures Commission.

Hong Kong’s hedge-fund assets grew to $63.2 billion last year, a rise of nearly 15% from the $55.3 billion under management in 2009, as larger funds took hold in the city, according to an annual survey by the Securities and Futures Commission.

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