Asia hedge funds add $20 bln in first growth in 3 yrs

Reuters – Asia-focused hedge funds added $20 billion in assets in 2013, recording their first growth in three years and boosting the industry’s size to $158.8 billion, according to a survey from tracker AsiaHedge.

The industry still remains about $33 billion below its peak asset level hit in 2007, but the twice-a-year survey shows that investors are starting to return.

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