Investors increasing their investments in hedge funds in the Asia-Pacific region are finding managers more willing to open their doors now – although there are fewer doors left to open, after a record number of funds shut down from large losses last year.

Han Seng, who leads the proprietary investments in equities at Asian bank United Overseas Bank Group, said the bank planned to increase its $150m (€113m) allocation to 10 hedge funds, and said he now finds managers much more receptive to discussing this with him.