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UBS unit to open first Asia-focused hedge fund this year

O'Connor fund will take long-short tactical trading strategy: sources

[HONG KONG] UBS O'Connor, the US$5.2 billion unit of UBS AG, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of the matter.

The fund, which started trading in August with internal money, is managed by Singapore-based John...

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