Hedge Fund News From HedgeCo.Net

Asia-focused hedge funds hit record high in July

Money Control – The number of hedge funds investing in Asia hit a record high of 1,278 in July, Singapore-based fund tracker Eurekahedge said on Wednesday, as new funds look to raise their exposure to Asia’s fast-growing economies.

This compares with around 1,200 funds in existence at the end of 2009 and exceeds the previous peak of 1,240 in 2007.

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