Managers pounce on hedge fund of funds demand

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EUROPE - Dutch firm Robeco is expecting to lure more European pension funds, as well as private banks, following a positive performance from its Robeco Absolute Return hedge fund of funds (RAR).

Capital appreciation and significant inflows have lifted the Luxembourg domiciled fund to above e100m. RAR is euro-denominated and invests in 19 different hedge funds worldwide. The fund is open-en...

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