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Hedge funds set to soar

China Daily | Updated: 2009-10-15 07:55

Hedge funds set to soar

The hedge fund industry grew by $26.3 billion in September, bringing total assets managed to $1.42 trillion. Xiao Yun

Hedge funds returned 2.5 percent in September, heading for their best performance in six years, as global stock markets rose and the US Federal Reserve suggested interest rates would remain low, Eurekahedge Pte said.

Hedge funds set to soar

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