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“Assets under management in Asian hedge funds were $120 billion at the end of 2006, and we expect to see that hit $150 billion by the end of 2007” |
Citi opened a Singapore branch for prime brokerage in April, adding to its hedge fund servicing capabilities in the region. The firm has had a prime brokerage office in Hong Kong for two years, and opened a hedge fund administration business in Singapore in October 2006.
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