Hedge funds line up sweeteners to lure investors

Managers have taken to offering more flexible terms to attract investors to new launches this year amid increased regulatory scrutiny and an acceptance that lack of scale is holding institutions back, say industry players. Data from Eurekahedge shows the average size of Asia-focused funds launched in the first 10 months of this year was $21.5 million, less than half the $50 million figure of last year. Eurekahedge analyst Mohammad Hassan reflected: “You need $250 million of AUM to…