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What Americans are looking for in Asian alternatives

StoneWater Capital, a New York-based fund of hedge funds, has produced the high returns demanded by its American investors. Just how did it do it?
What Americans are looking for in Asian alternatives

New York based alternatives manager StoneWater Capital runs the fund of funds which, according to data providers, had the highest return in Asia during 2010. StoneWater Capital Asia (ex-Japan) returned 27.9% in 2010, after a 57% return in 2009. It's a firm whose assets largely derive from US-based investors.

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