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CLASS REVIEW: Event-Driven Funds
Nothing lasts forever. Event-driven hedge funds have benefited from cooperative financing markets during the past three years, but creditors' decreasing risk appetite in the third quarter made September a difficult month for the strategy.
Nothing lasts forever. Event-driven hedge funds have benefited from cooperative financing markets during the past three years, but creditors' decreasing risk appetite in the third quarter made September a difficult month for the strategy. Chicago-based Hedge Fund Research's HFRI event-driven index returned 1.70 percent in September, trailing the 2.71 percent monthly
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