U.S. hedge funds, which were all but eradicated from many Asian regions after they were blamed for the continent’s financial crisis of the 1990s, are returning in places like Hong Kong and Singapore, adding another chapter to what has been a sometimes tumultuous, sometimes spectacular, but never dull relationship, The Wall Street Journal reports.

The $9.4-billion Tudor Investment Corp. now employs two Singapore-based find managers, who just a year ago founded their own hedge fund, Pagoda Advisors. FrontPoint Partners has lured managers from the Asian-centered Sofaer Capital International and is scheduled to soon open an office in Hong Kong. A similar move is being made by New York-based Rohatyn Group.

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