Hedge funds look to better match investors to strategies

Asian hedge funds might be in better shape than their peers elsewhere, but the crisis has reinforced the point that the industry needs to be more choosy about its sources of funding. Pre-crisis, a lot of funds focused on the asset side of the balance sheet, but never really focused on the funding side, said Kenneth Ng, Bangkok-based chief executive of NT Asset Management at AsianInvestor's SE Asia Investor Forum in early December. They have tended to rely heavily on fund of fund mon…