Hedge funds and emerging markets were always the two asset classes that caused institutional money managers most sleepless nights. But times have changed. Investors are piling into alternative strategies, and Latin America-focused funds have outperformed all other strategies so far this year, returning 39.6% by the end of September, according to the index of New York-based Hennessee Group’s hedge fund advisory team. The best-established emerging markets funds – including Connecticut-based Gr
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