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UBS launches second hedge fund of funds in China

UBS Asset Management (Shanghai) Limited has launched its second onshore hedge fund of funds (FoF), according to a Monday press release from the firm. The Shanghai-based wholly foreign-owned enterprise (WFOE) of UBS rolled out the UBS (CN) A&Q China diversified fund of funds series 2. The product has already received approval from the Asset Management Association of China. Targeting onshore…

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