GLOBAL - Hedge funds have posted their best year since 1999, but the average manager is still marginally short of recouping losses suffered during the credit crunch.
Funds made 20.04% in 2009, beating their similar returns of 2003 but not topping the 1999 returns of 31.3%. In December, funds made 1.25% according to the pan-industry index published by data pr...
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