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Soros To Shut To Outside Investors

George Soros will cease to manage money for outside investors.

George Soros will cease to manage money for outside investors, The Wall Street Journal reports. The hedge fund manager is returning external investments in his $25.5 billion firm Soros Fund Management, Bloomberg adds.

The veteran, whose tenure in the hedge fund industry lasted over four decades, will divest capital worth $1 billion by the year end. Soros Fund Management will only handle assets for Soros and his family.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Bloomberg.

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