Fairfield joins Straits Lion to access Asian hedge fund market

Singaporean fund manager, Straits Lion Asset Management, has joined forces with Fairfield Greenwich Group, a $7 billion US-based alternative investment house, to create and distribute hedge fund products in Asia. Straits Lion, which is 80% owned by Great Eastern Holdings, is one of Singapore's largest fund managers with $9.5 billion in assets under management. The joint venture company, Fairfield Straits Lion (FSL), is 65% owned by Straits Lion and 35% owned by Fairfield Greenwich L…