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Not All Hedge Funds Have Trailed the Market

Some funds, including those run by Viking’s Andreas Halvorsen and ValueAct’s Jeff Ubben, are beating the S&P 500.

       Viking Capital's Andreas Halvorsen Photo credit: (Bloomberg)While many hedge funds have underperformed the stock market this year, a handful – especially those focused on fundamental stock-picking – have handily beaten their hedge fund peers. Among them is Andreas Halvorsen’s Viking Global Equities, which rose 4 percent in the third quarter and

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