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Wednesday, September 21, 2005

Hedge Fund News from HedgeWorld

Hedge Fund Strategies without Performance Fees

NEW YORK (HedgeWorld.com)—The mutual fund company Rydex Investments has launched two new retail vehicles that promise to replicate the performance of certain hedge fund strategies but at lower cost to the investor.

TraderSource Starts FX Fund of Funds

NEW YORK (HedgeWorld.com)—The Harbourside Multi-Manager FX Fund (SICAV) plc from TraderSource Inc. will invest with foreign exchange managers in Europe and the United States.

RMF Creates ‘Three Pearls' Portfolio for German Institution

PFÄFFIKON, Switzerland (HedgeWorld.com)—RMF, an investment manager of Man Investments, announced Monday that it has placed a 150 million euro customized hedge fund portfolio with an unnamed German institutional client.

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