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Northern Exposure

Canadian hedge fund managers have ridden the boom in the energy and metal markets to great heights. Now if they can only convince institutional investors to give them money.

Early in November the Canadian hedge fund community learned that it had a powerful ally in, of all places, the Bank of Canada. Speaking at the World Hedge Funds Summit in Vaughan, Ontario, outside Toronto, deputy governor David Longworth gave those attending the event what amounted to a federal blessing.

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