Asia’s Smaller Hedge Funds Woo Millionaires

Asia’s Smaller Hedge Funds Woo Millionaires

Chris Ratcliffe/Bloomberg

Among Citigroup Inc.’s ultra-high-net-worth clients, or those with at least $25 million in investable assets, allocations to alternative investments range from as little as 5 percent of clients’ portfolios to as much as 50 percent in rare instances.