MSCI reports mediocre August for hedge funds

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HEDGE funds returned an average of 0.43pc during August, latest figures reveal.

The MSCI Hedge Invest Index gained 0.43pc for the month to bring total returns since its launch in July 2003 to 16.29pc. August’s gains follow a 0.22pc return in July and a fall of 1.27pc in Ju...

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