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KE Absolute launches Asian fund of funds

Niche product aims to capture strong performance of early stage hedge funds.
KE Absolute, a hedge fund services specialist in Hong Kong, is launching a pilot fund dedicated to investing in early stage Asian hedge funds. The fund aims to take advantage of the superior absolute returns produced by hedge funds in the first two years of their investment cycle, when fund size is low and managers are most driven to perform. Singapore-based securities house Kim Eng will seed the new fund of funds with its own proprietary capital, but will later open it up to third-p…
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