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Asia hedge funds embracing transparency to win cash

Reuters – Asian hedge funds, starved of capital, are increasingly giving up their treasured secrecy and allowing clients more control of their investments in order to draw money from institutions.

The so-called managed accounts that more Asian hedge funds have started to offer clients come as a lifeline for funds in the region, a majority of whom are otherwise too small to lure institutions who are the biggest investors in the industry.

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