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 Guard Capital Management were among the 2014 startups that raised hundreds of millions of dollars each within a few months.
They stood out in a region where, on average, it takes almost two years for a hedge fund's assets to increase to US$250 million from US$50 million, according to Singapore-based Eurekahedge Pte Investors.
Investors turned their attention to younger funds - and fresh entrants in some cases - as the regional...
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