SSARIS is seeking to boost its exposure to Asia-based managers, who are closer to local knowledge and can trade in local time zones, Asian Investor reports. The alternatives unit of State Street Global Advisors (SSgA) is planning to invest more in Asia-based strategies for its fund of hedge fund range.
SSARIS is also planning to increase its client base in the Asian region, which has become a source for new investors. SSARIS manages about $1.9 billion in hedge funds, fund of hedge funds and individual managed accounts for its institutional clients.
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