Uncovered: the hedge fund that made 78% in August

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Hedge funds overall lost 2.3% in August - a poor month by their own standards - but this average figure for the $2trn industry masks eye-watering numbers some individual managers are now posting to data providers.

Computer-driven strategies was one area that bucked the industry's losing trend, by making 0.2%, according to database BarclayHedge. Figures from another US-based monitor, Institutional Advisory...

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