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Hong Kong’s Richland Capital Management Shuts Two Hedge Funds

Bloomberg – Richland Capital Management Ltd., a Hong Kong-based asset manager set up in 2006, is closing down its two hedge funds, said Chief Investment Officer Alex Au.

Richland has sold all the stocks in the Richland Asia Absolute Return Fund and the Richland Emerging Opportunities Fund, he said in a telephone interview today. He declined to give a reason for the decision taken a month ago.

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