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Hedge Fund Outflows Slowed in Second Quarter as Quant Funds Won

  • Redemptions fell to $8.2 billion from $15.1 billion, HFR says
  • Industry’s global assets rose by the most in more than a year

The amount of money leaving hedge funds slowed in the second quarter as firms that rely on computer algorithms made money in the selloff following the U.K.’s vote to exit the European Union.

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