Asian FoHFs see 50% drop in assets

Mar 3, 2013

Assets managed by Asian funds of hedge funds have fallen by half to $16 billion on the back of poor performance and a growing trend for direct investments by institutions.

Asian fund-of-hedge-fund assets have halved year-on-year to $16 billion, from $34 billion at end-2011, the result of disappointing performance and a growing trend towards direct investments by institutions, according to Preqin.

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