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Investors Dumping Hedge Funds Who Missed the Whole Trend

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Investors have been bailing out of hedge funds at the fastest pace in four years. Most hedge funds have performed miserably missing the stock rally, confused in metals and commodities, bewildered by the currency and bond markets, and befuddled by the collapse in emerging markets. The asset allocations have never been so bad. The forecasts have actually never been so bad.