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Hedge Funds - Europes Headlines

Britain will be ready for Brexit day - May's spokeswoman

Britain will have implemented the necessary legislation for Brexit before the country leaves the European Union in March, Prime Minister Theresa May's spokeswoman said on Friday after a newspaper quoted a minister as saying the exit could be delayed.

UK local authority pension schemes cut hedge fund bets

Britain's top local authority pension plans have cut investments in hedge funds in favour of better-performing alternatives, a review of annual reports shows, adding pressure to an industry beset by weak performance, outflows and fund closures.

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