Asia hedge funds see inflows but lag US

Asia ex-Japan hedge funds reversed a trend of asset outflows to attract just under $100 million of net inflows in April, although this represents a fraction of the $10.4 billion stream of new capital into the sector globally, according to data provider Eurekahedge. The US led in capital-raising last month, taking in $11.6 billion, while Europe and Latin American hedge funds saw respective net outflows of $300 million and $1 billion. Japan fared similarly to its peers in Asia, attr…