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The wizardry of Oz

…writes Blake Dawson’s Patrick James in Sydney

The hedge fund industry in Australia is currently worth in excess of A$60bn and has seen rapid growth over recent years to become the largest in the Asian region.

The Australian hedge fund industry forms a part of the wider managed funds industry, which in total is worth more than A$1trn, making it by some estimates the fourth largest investment fund jurisdiction in the world.

Although the industry

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