Hedge Funds Seek Partners Amid Cash Drought

Bloomberg – When Rory Dickson was planning a fund to invest in Asian consumer-related stocks, uncertainty over how much money he would start with meant he faced the prospect expenses would exceed the fees he stood to generate.

Instead of setting up alone, in mid-2010 he teamed with Coupland Cardiff Asset Management, the London-based hedge fund group, to start his CC Asian Evolution Fund. They shared his research driven, stock-picking investment philosophy and could provide back-office and marketing support, he said.

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