Millennium and Goldman Sachs Alums Head a New Wave of Hedge Funds in Asia

Slower growth notwithstanding, a number of high-profile launches are targeting Japan, China and Southeast Asian markets.

Suddenly, Asian markets are looking, if not hot, at least promising again. China is on a shaky path to 7.5 percent growth this year, while hedge fund managers the world over have been making money betting on Japanese stocks and against the yen.

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