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China-focused hedge funds cede top spot to Japan peers

They post worst-ever 17.9% loss for June to August

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China-focused hedge funds suffered record losses in the past three months and were overtaken by their Japan-themed peers as this year's best performers, leaving them at risk of a surge in redemptions.

London

CHINA-focused hedge funds suffered record losses in the past three months and were overtaken by their Japan-themed peers as this year's best performers, leaving them at risk of a surge in redemptions.

China hedge funds, which collectively manage US$21.5 billion in assets,