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Value Partners Still Largest Hedge Fund in Asia, Despite Losses

Troubles in Europe hurt equity firms in the Asia Hedge Fund 25, but macro-oriented firms fared better.

By Nick Rockel The world wasn’t kind to Value Partners in 2011. The Hong Kong–based investment firm, which focuses on Greater China, found that its contrarian stock-­picking strategy offered little shelter from global market turbulence. As of March 31, Value ­Partners’ assets under management had fallen more than 9 percent from

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