Aberdeen AM FoHF division eyes more Asian allocations

Aberdeen Asset Management’s fund of hedge fund business is taking a closer look at Asia with an eye to increasing its exposure to managers based in the region, according to Andrew McCaffery, its global head of hedge funds. Some of the UK firm’s global FoHFs have existing investments in Asian hedge funds, notes McCaffery, who is based London. The proportion has the potential to grow in coming years due to the increased number of funds based in the region and also the greater select…