Fewest Hedge Funds Invest in Gold Since ’10 as Assets Slump

The rout in gold that drove the metal into a bear market cut the number of hedge funds investing in bullion to the lowest level since 2010 as assets slumped 31 percent this year on losses and redemptions. Performance declines tied to volatility and withdrawals led either to closures or a shift i…

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Fewest Hedge Funds Invest in Gold Since ’10 as Assets Slump