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Asia's hot, young hedge funds lead the charge

Global investors buy into the notion that Asia is a good alpha market.

SHOW US THE MONEY: Jakarta workers erecting iron reinforcement bars at a commercial high-rise building site last week. Increased growth augurs well for a regional industry that has long been considered a far-flung fringe market by global institutions that have increasingly dominated hedge-fund inflows since the crisis.

Hong Kong

SOME of Asia's newer hedge funds were a magnet for investors last year.

The assets of Oryza Capital and Pine River China Fund have expanded at least eight times since the funds started in the second half of 2013. BosValen Asset Management, Pleiad Investment Advisors and