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Wall Street turns to consumer to gauge economy

AZCentral.com - Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer.
There are growing signs that the deepening economic slowdown has caused Americans to tighten their purse strings. There was fresh evidence […]

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BlackRock tops retail fund sales

Reuters UK - Fund firm BlackRock held onto the top spot for net sales of British funds to retail investors in the second quarter, according to industry data, helped by sales of its hedge fund-style UK Absolute Alpha fund.
BlackRock had 879.2 million pounds of net sales, up from 713.6 million pounds in the first quarter, […]

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YouGov Alpha hedge fund targets $50 million

Reuters UK- Polling and research group YouGov said on Monday it is aiming to raise up to $50 million (25 million pounds) for the launch of a hedge fund that will use polling data to highlight lucrative investment strategies.
The YouGov Alpha fund, which will be managed by investment boutique Four Capital, aims to gain an […]

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