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A Record Number of Hedge Funds Close

Sunday, Mar 30 2014

News Roundup

Written by PFA News

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Recent work from research firm HFR has determined that 904 hedge funds were closed last year, a three-year high. So reports ThinkAdvisor.

New fund launches fell to the lowest level since 2010. Nevertheless, the investment product category finished the year with a record-high $2.62 trillion in assets.

Read the full article from ThinkAdvisor.

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