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Hedge funds perform amid market volatility

November 11, 2009  

From Leigh Powell

All strategies except for managed futures and long bias posted positive returns in October, finds data provider Lipper. Dedicated short bias was the best performer in a sharp turnaround as global stock markets slipped.

Although global stock markets slipped in the second half of October as macro readings pointed to the fragility of the economic recovery, hedge funds advanced overall.

All hedge fund strategies except for managed futures (-1.02%) and long bias (-0.38%) posted...


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OFFSHORE RENMINBI DCM

Rank Bookrunner Value ($m) No. %Share
1 HSBC 2,717 31 19.6
2 Standard Chartered Bank 1,889 26 13.6
3 Bank of China Ltd 1,561 17 11.2
4 Deutsche Bank 893 13 6.4
5 Industrial & Commercial Bank of China - ICBC 827 12 6.0
6 Agricultural Bank of China Ltd 607 7 4.4
7 Goldman Sachs 570 8 4.1
8 Citi 569 8 4.1
9 China International Capital Corp Ltd 461 5 3.3
10 DBS 442 9 3.2
Subtotal 10,534 72 75.9
Total 13,886 81 100.0

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