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The best hedge funds for 2015 are...

Hedge Fund

Critics love to hate hedge funds' relatively high fees, low performance and secrecy. But the industry is managing more money than ever-and is poised to grow even more in 2015.

Pimco suffers worst year for client withdrawals

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Pacific Investment Management Co.’s biggest mutual fund had the worst year of client withdrawals in the history of fund management as the firm lost both of its co-chief investment officers, Bill Grossand Mohamed El-Erian.