Brevan Howard, Caxton Expand in Asia Amid Hedge Fund Woes
- Balyasny, Brevan, Caxton register to open Singapore units
- Asia funds have beaten global rivals for past four years
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Some of the world’s largest hedge funds are expanding in Asia as they seek new areas of growth amid the industry’s struggles to make money and retain investors.
Brevan Howard Asset Management, Caxton Associates and Balyasny Asset Management have incorporated units in Singapore this year, according to filings with the Accounting & Corporate Regulatory Authority.