Asian Hedge Fund Assets Drop 10%

Assets under management in Asia-oriented hedge funds fell about 10% in the first quarter of 2008, to $100 billion, according to Hedge Fund Research of Chicago

Assets invested in Asia-focused hedge-fund strategies fell about 10% in the first quarter of 2008, with industry assets under management plummeting from $110 billion to $100 billion, according to Chicago-based Hedge Fund Research.

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