Deutsche Bank has rolled out hedge fund administration services in Hong Kong, Asian Investor reports. The services have been launched to leverage its prime brokerage business to build market share in an increasingly crowded sector. The Alternative Fund Services (AFS) business provides administrative and banking services to hedge funds, funds of hedge funds, private equity and real estate funds. The business is headed by the bank’s regional head of AFS for Asia Martin O’Regan. Its operations in Singapore and Hong Kong will serve the pan-Asia region, including China.

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