Hedge funds retain allure among Asian institutions
Undeterred by disappointing returns in 2011, the majority of Asian institutions plan to maintain or raise their allocations to hedge funds, although a number will seek out more promising managers.

Asian institutions are emerging as a growing source of capital for hedge funds both within the region and globally, with a majority seeking to maintain or increase their allocations to the asset class, according to a new report by research provider Preqin.
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