Good Q3 hedge fund returns seen snaring new money

LONDON, Oct 14 (Reuters) – Hedge funds’ healthy returns in the third quarter mean that institutional investment in them is likely to pick up speed in the fourth quarter after a slowdown earlier this year, analysts say.

The funds’ returns in the first half of the year were nearly flat, but between July and September they improved sufficiently to take the average to around 5 percent for the year so far, and analysts expect that performance to bring investors back.

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