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Hedge Funds Brace for Worst After a Terrible October

  • Investors face Nov. 15 deadline to ask for their money back
  • Clients already pulled $11 billion from funds this year
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Hedge Fund Managers Face Reckoning After Worst Month Since 2011
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After beleaguered hedge fund managers had their worst month in seven years, many are bracing for an industry day of reckoning: Nov. 15.

That’s the deadline for investors to put managers on notice to get some -- or all -- of their money at year end.