Hedge fund Amoeba set to close at year's end

Amoeba Capital, winner of AsianInvestor’s 2007 ‘Best hedge fund launch', is shutting at the end of this year. It has told investors in the Amoeba Capital Asia Fund that it will return their money. Amoeba Capital Partners was launched in Singapore in March 2006 by Ashutosh Sinha and his brother Manish Sinha. Ashutosh Sinha had previously been managing director, head of Asian investments and co-portfolio manager for global emerging markets at Morgan Stanley. He was also the Asia ex-Japa…