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Credit Funds Notch Solid Gains

While hedge funds on the whole have posted tepid gains this year, some funds managed by credit-focused firms have done well by comparison.

Credit funds have staged a pretty impressive rally over the past five or six months after getting off to a slow start this year. As a result, credit is among the better-performing hedge fund strategies this year. Data tracker eVestment’s all-encompassing fixed-income/credit group has returned 5.53 percent for the year through August,

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