Hedge Funds Face a New Threat From Richest Families in Asia
The image of Yusof Ishak, former president of Singapore, is displayed on various denominations of Singapore dollar banknotes in an arranged photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

Hedge Funds Face a New Threat From Richest Families in Asia

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(Bloomberg) -- They’ve already come for the talent, poaching traders from the likes of Millennium Management LLC. Now Asia’s family offices are going after the hedge fund industry’s clients, too.
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