Henderson and Tantallon wind up Asian hedge funds

The market rout of 2011 continues to take its toll on Asia-focused hedge funds in the region, with UK asset management giant Henderson Global Investors shuttering its Asia-Pacific Equity Multi-Strategy Fund, while Tantallon Capital is winding up its long-only Bass Rock Fund. Henderson’s Asia-Pacific Equity Multi-Strategy Fund, which was launched in 2006 and run by a team of three managers, was closed on February 23 with about $30 million in AUM. A spokeswoman from Henderson, whi…