COVER STORY - Hedge fund managers falling off India and China bandwagon
Asian hedge funds have been the world's worst performers this year, with those dedicated to India and China worst hit by steep stock market declines. The industry is on the verge of a clear-out, with inexperienced managers who didn't short enough stocks exposed in the bear market. It is leading to a withdrawal of funds and could result in a raft of closures. Naomi Rovnick reports.
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