Two more Asia-focused funds have succumbed to weak
performance and significant redemptions from investors,
according to various reports.
Sources say Boyer Allan Investment Management is shutting
two of its hedge funds - including the long-running pan-Asia
Boyer Allan Pacific Fund as well as the five-year old Boyer
Allan Greater China Fund - after both suffered losses and
significant redemptions from investors this year.
The possibility that the firm might close a third fund - the
Pacific Opportunities Fund - was also...