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UBS Boosts Hedge Fund Allocation

April 21, 2016 : Permanent Link

(HITC) UBS boosted its recommended allocation to hedge funds for the second time in as many years, saying that the strategy will provide stability amid volatile markets. Bloomberg News reports that the bank increased the share of hedge funds in its global model portfolio to 20% from 18% as of April, after raising the allocation from 15.

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