Permal Investment Management, the $9bn (€7.9bn) fund of hedge funds firm, has appointed Citibank to distribute its products in Hong Kong.

The move follows the recent relaxing of regulations for hedge funds in Hong Kong and marks the first time that Permal has made its products available to retail clients in the Chinese territory.

Anuj Gangahar

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Permal appoints Citibank in Hong Kong

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