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Asian hedge funds stumble, but outlook seen as bright

August saw the sector record its worst monthly stats so far this year, further clouding a weak performance in 2011. But research house HFR sees some cause for optimism.
Asian hedge funds stumble, but outlook seen as bright

Asia-focused hedge funds were down an average of 3.05% in August, registering their worst monthly performance so far this year, according to statistics by Singapore-based data provider Eurekahedge.

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