Emerging market hedge fund assets increased to more than $121 billion in the first quarter of 2011, as per Hedge Fund Research data, Reuters reports. The quarterly assets rose by over 6.5% as hedge fund investors raised exposure to emerging Asia and Russia.
The hedge funds saw inflows of about $2.3 billion in new capital, primarily in emerging Asia and $5.1 billion in performance gains. In 2007, the emerging markets hedge funds assets reached $117 billion.
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