Asian Hedge FundsAsian Fund Leverage & Prime Brokerage(http://hedgefundblogger.com) It seems that many Asian-based hedge funds have dodged a few bullets by not being tied as closely to Bear or Lehman... that combined with traditionally using less leverage than some other funds might have helped a few Asian hedge funds weather this storm. By a few I mean very few - recent data suggests that Asian funds are down more than their peers over the last few months. Below is an excerpt on how some Asian funds have dodged the prime brokerage woes of US and UK based groups:________________________ASIAN hedge funds are relatively shielded from the distress that their counterparts in developed markets are weathering, thanks to their use of 'far less' leverage, said UBS head of prime services (Asia Pacific) David Gray.'Our clients have been ...