130/30 funds grow despite downturn

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GLOBAL - Long-short funds, known as 130/30 funds, have grown in popularity over the past 12 months, despite wider market unease, a survey has shown.

According to data released by analysts Terrapinn, almost half of investors (47%) had either implemented the strategy (40%) or were considering doing so over the next 12 months (7%). Last year, 4...

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