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The Billion Dollar Hedge Fund Club Is Shrinking
U.S. hedge fund assets dropped for the first time since the financial crisis of 2008, according to the latest Absolute Return Billion Dollar Club ranking.
U.S. hedge fund assets fell last year, marking the first drop since 2008 as the number of firms managing more than $1 billion continues to shrink, according to the latest Absolute Return Billion Dollar Club report.The 6.5 percent decline to $1.79 trillion of assets came during a year the stock market
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