Australia’s hedge fund managers have proven themselves to be among the cream of the crop in the Asia-Pacific region, raking in positive returns while others have struggled. But a dearth of interest from the domestic investor base has meant Australian managers have had to work harder than their counterparts in the US and Europe to attract capital. At a global level, however, the industry has continued to mature. A record US$13.83 billion of assets moved into hedge funds globally in the
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