HONG KONG :Asia hedge funds weathered the March selloff in markets better than their U.S. counterparts, helped by the relative outperformance of Chinese stocks as global investors rushed into that market. Asia-focused hedge funds posted an average 0.71 per cent loss this month until the 10th, compared with a 2.6 per cent drop for their U.S. peers and a 1.7 per cent drop for global peers, a Morgan Stanley prime brokerage note dated March 12 shows. While the market rout impacted Asia hedge funds,