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New York – Global asset management firm Legg Mason has launched
Permal Hedge Strategies Fund, a fixed income focused multi-manager,
multi strategy fund of hedge funds, on February 1, 2012. The new
fund invests in a broad range of fixed income strategies, employing
flexible asset allocation and moving capital between credit and non
credit strategies. Investments include developed as well as emerging
market fixed income and long/short fixed income. There are also
smaller allocations to event-driven strategies, such as risk
arbitrage... |