SSARIS upping exposure to Asian hedge funds
State Street's alternatives unit plans to invest more in Asia-based managers who are closer to local knowledge and can trade in local time zones.
SSARIS, an alternatives affiliate of State Street Global Advisors (SSgA), is looking to increase its exposure to Asia-based strategies for its fund of hedge fund range, given the growing number of experienced managers in the region, according to senior executive Andrew Fisch.
“We are ramping up our exposure in terms of the numbers of strategies in Asia because of the increased talent,” says Fisch, senior portfolio manager for the fund of hedge funds group at SSARIS.
The Connecti…
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