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Edward Krudy William Ackman, head of hedge fund firm Pershing Square Capital Management, said that financial market volatility was being driven by short-term money without regard to long-term economic fundamentals. Full investment news article
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Context Asset Management has launched the Context Macro Opportunities Fund, which seeks to deliver long-term, risk-adjusted returns with low correlations to the financial markets and is part of Context’s drive to ‘democratise’ hedge fund strategies by offering them in alternative mutual funds. Full investment news article