Legion of Asia’s smallest hedge funds continues to grow
More hedge funds are managing less than $20 million as the billion-dollar club shrinks, says data provider Eurekahedge.
Despite the fanfare accompanying the rise of billion-dollar Asian hedge funds, statistics for 2011 show that strategies managing $20 million or less account for 42% of the sector, up from 29% in 2007, according to figures from data provider Eurekahedge.
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