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The Europe Hedge Fund 50: The Rise of the Machines

Though computer-driven strategies are faltering this year, they pushed European managers to big gains in 2014.

       Credit: The Project Twins Talk about a reversal of fortune. In 2014 the $16.5 billion Man AHL Diversified fund, operated by London-based fund management giant Man Group, churned out a return of nearly 34 percent, snapping a three-year losing spell that included a performance contraction of 6.8 percent in 2011. The

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