Sify – Mid-sized Asian hedge funds are poised to receive major money inflows this year, as some of the region’s biggest managers shut doors to new investors on fears that running bulky portfolios could harm returns.
Industry tracker Eurekahedge estimates that in 2010 nearly 30 Asia focused funds stopped accepting money from new clients, in what is also known as a “soft close”. This compared with around 15 in 2009.
