Investors Yank $40B From Hedge Funds

Nov 21 2008 | 1:06am ET

The global economic crisis accelerated in October, contributing to continued losses in the hedge fund industry, with the HFRI Fund Weighted Composite Index falling nearly 6% for the month.

The index has plummeted more than 16% through October, and has lost more than 12% since Sept 1.


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