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Hedge-Fund Industry 2.0 Is Already Taking Shape: Matthew Lynn

Bloomberg – There are signs of life returning to the hedge-fund industry. Assets under management are rising. New funds are being launched. Some are even making money.

Reports of hedge funds’ demise are exaggerated even if it isn’t quite time to raise prices in Mayfair’s fancy restaurants, or get into the interior-decoration business in the Hamptons. The industry is going to stick around as an important part of the financial universe.

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