Funds of hedge funds eye Japanese stocks

LONDON (Reuters) – Funds of hedge funds expect to make steady returns in the first half of next year and remain upbeat on the outlook for Japanese stocks, a Reuters poll shows.

The Reuters survey of 11 funds of hedge funds, which together manage some $73.9 billion (42.3 billion pounds), forecast average returns in the first and second quarters of next year.

Expectations of returns for a range of strategies and asset allocations were broadly unchanged from the previous poll in September.

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