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U.S. Hedge Fund Managers Pour Money Into 2016 Race (And Yes Trump Is A Factor)

March 14, 2016 : Permanent Link

(Yahoo News) Reuters reports major U.S. hedge fund managers are on pace this year to more than double the amount they gave in the 2012 election campaign, with independent fundraising groups backing Democratic presidential front-runner Hillary Clinton and Republican rival Ted Cruz receiving the most so far. About $47 million has been lavished on presidential candidates and lawmakers and the political action committees that support them by two dozen of the industry’s top managers in the first 13 months of this election season,…

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