Touring Asia for new hedge fund managers

Bank of Bermuda wants to give two Asia-based hedge fund managers a slice of its $160 million alternative fund of funds.

The allocation of part of the $160 million in assets under management held in the Bank of Bermuda's alternative fund of funds to two Asia-based hedge fund managers will bring the number of managers in its All Points alternative class fund of funds to 17, a comfortable number according to head of European investments for Bank of Bermuda, Adrian Fairbourn.

Fairbourn, whose remit also includes Asia, was in the region late last week to meet with potential...

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