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Asian hedge funds attract US$1.4 billion in net new capital despite weak quarter

Despite the market volatility of the last few months, Asian hedge funds have registered the sixth consecutive quarter of net inflows according to data released by US-based consultancy Hedge Fund Research (HFR). Despite this robust flow of investment from global hedge fund investors, poor performance by hedge funds in this quarter dragged assets under management to US$82.6 billion from US$89.4…

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