Asia Hedge Fund Startups Slow as Gyrations Curb Appetite
- Investors pulled back even before market rout in June
- Greater China hedge funds lost an estimated 10% in August
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Hedge fund launches in Asia are on track to decline for the third straight year as equity-market volatility prompted investors in the region to pare risk.
Forty-one new hedge funds opened in Asia in the first half of 2015, compared with 55 for the same period in 2014, according to Singapore-based data provider Eurekahedge Pte. Last year, the number of new hedge funds dropped to 117, from 149 launches in 2013 and 180 in 2012, Eurekahedge data show.