Abu Dhabi Hedge Fund Makes $300 Million Emerging-Market Wager

  • Tensai sees Asian stocks outperforming the rest of the world
  • Al Hayan sees developed markets ‘mostly consolidating’
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Tensai Holding Co., a family office that manages $3 billion of hedge-fund and private-equity investments, is putting more money into emerging-market stocks and distressed debt as it expects Asia to outperform the rest of the world.