2009-06-15 — ft.com
``The beleaguered hedge fund industry is poised for a reversal in fortunes as investors are lured back in by sharply improved performance. Stinging investment losses and a wave of redemptions saw the industry’s assets contract to $1,330bn (£808bn, €948bn) at the end of March, according to Hedge Fund Research, from a peak of $1,900bn last summer. ''
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