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New hedge fund launches hit 14-year low
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fnlondon.comAmid soaring global inflation and sinking equity markets suppressing new business in financial services, the hedge fund sector similarly took a hit launching only 71 new funds over the third quarter of 2022.
The decline from 80 in the previous quarter represents the lowest level in new fund launches since the fourth quarter of 2008 when 56 new hedge funds started their operations, according to data from hedge fund research firm HFR.
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