Lazard Asset Management, AMP Capital and Pine River Capital Management are the latest firms to shutter Asia-focused hedge funds. The asset-management unit of financial firm Lazard Ltd. closed its $9.8 million Lazard Asia ex-Japan Equity Strategy and the Singapore-based portfolio managers have left, the firm said in an e-mailed statement. Separately, the Australian asset manager with roots in real estate and infrastructure has shut down its AMP Capital Asia Quant Fund,...