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JPM AM predicts rise of interest in special situation funds in Asia after US$190m fundraise

J.P. Morgan Asset Management foresees an uptick of interest in special situation funds from its Asian investors after the firm raised over US$190 million dollars from the region for its first special situations strategy. The asset manager told Asian Private Banker that the fundraising from Asia accounts for some 18% of the total raising (US$1.06 billion globally) and that the…

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