The 24-hour hedge fund

special report: asia

If you can't beat them, join them, runs the oft-voiced adage. A growing number of the world's largest hedge funds have taken this approach to their successful Asian-based competitors, which arguably inhabit - along with Latin American portfolios - one of the two hottest geographies for hedge funds in the world at the moment.

The list of firms who have chosen to open Asian offices in the past months - whether to market and distribute funds, or to trade for them as well - is extensive, and grow