Ex-SAC Manager's Asia Hedge Fund Said to Lose Third of AssetsBy and
BosValen Asset's hedge fund is led by Ken Xu in Hong Kong
Assets said to fall because of investment losses, redemptions
BosValen Asset Management, the Hong Kong-based firm led by former SAC Capital Advisors manager Ken Xu, has seen assets in its hedge fund shrink by almost a third in five months because of investment losses and redemptions, according to a person familiar with the matter.
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