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Tuesday, May 21, 2013
9:47 pm, Friday, January 11, 2013 -- Hedge funds trailed global stocks for the fifth time in seven years in 2012 after posting December gains amid a market rally fueled by optimism that President Barack Obama and Republicans would reach a U.S. budget deal.
The Standard & Poor's 500 Index rallied 1.7 percent on Dec. 31 as...
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