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Hedge funds in Asia up to 42% cheaper to run than in US: poll

Wednesday, December 11, 2013 - 06:00

[HONG KONG] Running a hedge fund in the Asia-Pacific region can be as much as 42 per cent cheaper than in the US and Europe, helped by lower-than-average compensation, according to a survey by Citigroup Inc.Small funds started in the region struggle to achieve profitability and expand assets,

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