Reuters: UBS sees 35 percent drop in hedge fund assets

[chris]

UBS sees 35 percent drop in hedge fund assets
      
   
      

SINGAPORE (Reuters) - Global assets of hedge funds may drop to $1.2 trillion by the end of the first quarter, down 35 percent from 2007 as the number of managers decline and funds rely less on strategies that use leverage, a UBS executive said on Tuesday.<div class="feedflare">
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