Friday, 5 September 2008

Allocations to ME/Africa Funds rise to USD 733m in Q2

According to HFN, hedge funds focused on the Middle East and Africa had their highest total of new allocations in the second quarter of 2008. HFN have caluclated that total assets for hedge funds investing in Africa and the Middle East rose 18.78%in the second quarter, with new allocations of USD 733 million.

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