Spanning the Globe

EMERGING MARKETS

The buy-side hunt for alpha around the world started about 10 years ago, but over the last 18 months, a number of factors have created a veritable boom in the search for opportunities in such far-flung places as Vietnam, Colombia and even Botswana.

The trend has definitely picked up momentum, led by hedge funds. "They're looking for opportunities that aren't as picked over," says Stuart Feffer, co-CEO of global hedge fund administration firm LaCrosse. "We've been approached by a lot fewer major

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