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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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To: dvdw© who wrote (2570)	7/3/2008 9:42:32 AM
From: dvdw©	of 3821

Hedge fund dichotomy revealed herein; properly characterizing the current artifact of price. Ritchie Capital bars investors from leaving fund Wed, 02 Jul 2008, 08:26 Reuters After big losses, hedge fund manager AR Thane Ritchie has barred investors from leaving his fund, Ritchie Capital Management, the Wall Street Journal reported on its website on Tuesday. The article said the fund is currently valued at USD2 billion, down from almost USD4 billion in 2005. Ritchie told the Wall Street Journal that keeping his investors' money in the fund is the best move right now, since the alternative is to sell securities at "fire-sale prices".

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