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Today is Tuesday, May 22, 2012 at 
- Countdown to Market Close:

Investment Europe – The UK Financial Services Authority said that there is still systemic risk of a hedge fund ‘fire sale’ of assets during periods of stressed markets.

The conclusion is contained in its latest report into the sector ‘Assessing the possible sources of systemic risk from hedge funds’, which is based on findings in its own Hedge Fund Survey and Hedge Fund as Counterparty Survey – carried out in September and October 2011 respectively.

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