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Europe’s Top 50 Hedge Funds Suffer Carnage

Alpha's Europe Hedge Fund 50 hurt by performance losses and investor withdrawals.

It seemed nearly impossible for even Europe’s most successful hedge fund managers to dodge the blizzard of redemptions that characterized 2008, as investors rushed to meet their personal liquidity crises by cashing in hedge fund holdings wherever they could.The fate of Paris-based Sinopia Asset Management, the HSBC-­owned quantitative specialist, encapsulates what

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