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Why Western instos are wary of Asian distressed debt

Joe Marsh
Fund firms are busy staffing up private debt teams in Asia with an eye on distressed and special situations opportunities. But they face challenges raising money from global investors.
Why Western instos are wary of Asian distressed debt

Asset managers are increasingly building capabilities, obtaining licences and raising funds to invest in distressed assets in Asia, but they may yet struggle to attract much capital from outside the region.

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