Economic Times – Asian hedge funds, starved for capital since the financial crisis in 2008, are beginning to make a tactical sojourn to markets abroad, directly chasing clients in the United States and Europe to gather the elusive assets.
The move, vital for their survival as most of the assets into the Asian hedge funds are sourced from the two regions, comes after global players cornered much of the flows last year given their large asset base and proximity to institutional investors.