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In the week-ending 17 August 2012, it was reported that Epic Partners Investments has launched an Asia-focused long/short equity fund.

Tiger Asia Management closed down and will return investors money amid a probe by Hong Kong regulators, Bloomberg reported.

Macro CTA managers captured strong trending dynamics across multiple asset classes, pushing Hedge Fund Research's HFRI Macro Systematic Diversified Index to a gain of +2.77% in July (1.80% YTD); the Dow Jones Credit Suisse Hedge Fund Index finished up +1.42% in July (+3.65% YTD); the Greenwich Global Hedge Fund Index rose +0.93% (est.) (+2.9% YTD); the RBC 250 Hedge Index posted +0.73% (+2.70% YTD); the Barclay Hedge Fund Index gained +0.85% (+3.19% YTD) in difficult trading environment; the SS&C GlobeOp Hedge Fund Performance Index was up +1.42% (+5.74% YTD); and the Barclay CTA Index was up +1.85% (+1.53% YTD), as rising prices contribute to profitable futures trading.

July was a let down for U.S. hedge funds after reaping strong performances over the past several months; Ayaltis AG chief investment officer and Partner Ernesto Pradi said that structured assets outperformed in risk on/risk off environment; G......................

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