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Covid-19 leads East Capital to shrink Asia staff

The emerging markets fund manager has reduced headcount and handed back its licences in Hong Kong in the face of economic uncertainty. But it retains a research function in the city.
Covid-19 leads East Capital to shrink Asia staff

Sweden's East Capital, an emerging markets-focused fund house, has reduced its Asia headcount and handed back most of its Hong Kong licences in the face of the uncertain global economic outlook amid the Covid-19 outbreak.

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