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Ayaltis will only buy Asia "on the cheap"

The Swiss fund of hedge funds plans to make its first investments in Asia during a downturn, which CIO Ernesto Prado expects to result from eurozone problems.
Ayaltis will only buy Asia "on the cheap"

Picking the best managers of the worst assets seems a contradictory strategy when it comes to running a fund of hedge funds, but Ayaltis favours distressed.

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