CSFB/Tremont: Hedge funds down

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GLOBAL - Hedge funds posted their first drop in February since last year, according to the latest figures from the CSFB/Tremont Hedge Fund Index.

The index was down -0.6% last month, the first time it has slumped since October 2000. According to Robert Sloan, chief executive officer of Credit Suisse First Boston Tremont Index argued that ...

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