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Hedge funds

On the right track

When Robert Fleming started financing railroad construction in the US at the end of the nineteenth century, he may not have realised his legacy would set a series of single-strategy hedge funds running, in London, more than 100 years later.

A perfect storm

Hedge fund investors have pulled billions of dollars out of convertible arbitrage strategies over the past year, but some managers now reckon the market has bottomed out. Is the strategy turning the corner? By Duncan Wood

The manager's advocate

Morgan Creek Capital Management's Mark Yusko spoke strongly in favour of hedge funds at Hedge Funds Review's recent Bermuda conference. At Morgan Creek, his views are not unusual

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