Hedge fund startups plummet in Asia amid low returns, high fees
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Hong Kong
ASIA hedge funds are opening at the slowest pace since the turn of the century.
Just 27 new funds started trading in Asia in the first nine months of this year, the fewest since 2000 when 56 funds opened, according to Eurekahedge. It's the third straight year of declines, and down from 83 new funds last year.
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