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Today is Friday, March 19, 2010 at
-
Countdown to Market Close:
Reuters – Hedge fund assets under management around the world have probably fallen below $1 trillion, a top executive at hedge fund New Finance Capital LLP (NFC) said on Thursday.
" ;There has been an enormous contraction in this industry. The industry is much, much smaller this year," ; NFC co-Chief Executive and co-Chief Investment Officer Marc Hotimsky told a briefing for reporters.
Assets under management were by now " ;probably slightly below $1 trillion," ; he said.
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Tags:
assets-under-management ,
chief-executive ,
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contraction ,
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quot ,
reuters ,
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Tags: assets-under-management , chief-executive , chief-investment-officer , contraction , fund-assets , hedge fund , new finance , nfc , quot , reuters , top executive , trillion
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