Asia hedge fund launches drop to lowest number in 14 years

HONG KONG — Only 62 new hedge funds launched in Asia last year, the lowest since number since 2009 and just 15 were China-focused funds, data provider Preqin said. But Japan-focused funds more than doubled to 19. Why it’s important The figures underscore the shift away from China as the world’s second-largest economy struggles amid Read The Rest at :