RMF to open Tokyo office

Fund of hedge funds set to double Asian allocation.

Fund of hedge funds giant RMF, is aiming to dedicate a quarter of its asset exposure to Asian strategies. RMF, a Swiss-based fund of hedge funds that is part of the Man Group, currently has about $13 billion in assets under management. Fred Siegrist, RMF's CIO, says the firm will soon have a physical base in the region with the opening of the firm's Tokyo office this spring.

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