Investors eye Asian hedge funds and private equity

Asian hedge funds and private equity are increasingly looking like worthwhile bets, and investors within the region are now more ready to allocate capital directly to such assets, say investment advisers. Asian hedge funds and private equity offer attractive growth rates for investors globally, says Ananth Shenoy, Asia head of managed investments at Citi Private Bank in Singapore. "It's still early stages in Asia, but we are now in the growth phase as far as the hedge fund industry …