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CHICAGO, (February 11, 2015) – The Asian hedge fund industry resumed strong capital growth in 4Q to conclude 2014 at a record level of capital, as Asian equity markets posted sharp advances heading into the new year. Total capital managed by the Asian hedge fund industry stood at $119.75 billion (Š14.26 trillion; RMB 748 billion) at year-end, including an increase of $2.3 billion for 4Q14, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR? the established global leader in the indexation, analysis and research of the global hedge fund industry. For the full year, the Asian hedge fund industry posted an increase in capital of $7.4 billion on global inflows of $3.8 billion, this compared to a capital increase of $24 billion on $10.5 billion inflow in 2013.