Coutts adds to Orbita range

Coutts is to launch the fourth fund in its Orbita range, an Asian-focused fund of hedge funds at the end of June 2002. The group manages over $2.5bn assets in its alternative investment arm.

This fund, like the others in the range will only be available for internal Coutts' clients and will invest in hedge funds focusing on Asia, including Japan and Australia.

Bob Dawkins said: 'We think there are lots of opportunities in this region. As an emerging markets asset class, it has been beaten to the