Monday, July 9, 2007

More U.S. hedge funds launch in first half of 2007

(Reuters) - Data compiled by Absolute Return magazine shows that 72 new
funds began trading between January and June 2007, marking a
roughly 41 percent increase from the 51 funds that launched
during the first six months of 2006.




Investors put $14 billion into the funds started this year
after adding $11.7 billion to the funds launched a year ago,
the magazine found.


Read more at Reuters.com Mergers News

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