Asian hedge fund assets reach $147 billion
Strong performance contributed to hedge fund asset growth of 16% last year, but US tapering-induced market volatility has resulted in a wobbly start to 2014 for managers.
Asian hedge fund industry assets under management grew 16.3% last year to $147 billion, with allocation trends showing a growing preference for global strategies, such as macro, at the expense of vehicles focused on single countries.
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