January 10, 2017 / 9:49 AM / 6 months ago

BRIEF-Hedge fund AUM shrink in 2016 for first time since 2008-Eurekahedge

1 Min Read

Jan 10 (Reuters) -

* Average 2016 hedge fund returns 4.48 percent -eurekahedge index

* Hedge fund assets under management shrank by $21.8 billion in 2016, first contraction since 2008

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