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Hedge fund bets on Greek recovery

Reuters – The steep sell-off in Greek assets is tempting some investors – including hedge funds – to wager the crisis-hit country’s bond and stock markets offer a bargain.

Dromeus Capital, which specialises in emerging markets, has launched a fund to bet on the country by buying government debt and the bonds and shares of companies it believes will best weather a recession that has cut the economy by a fifth.

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