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BGI uses leverage to return 10% pa

Barclays Global Investors (BGI) has launched a higher return/risk version of its UK Equity Market Neutral Fund, using leverage to target greater returns.

The new hedge fund aims to deliver a return of 10% per year above the risk-free or cash return, after fees and maintain a return volatility of 10% per year and be independent of the return on UK or global equity markets.

The new fund is

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