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  • The funds sometimes make high-stakes bets on stocks, currencies and other investments, often using borrowed money to boost returns.U.S. hedge funds today manage about $1 trillion in assets, up from around $400 billion just four years ago.In the CIBC case, the aggrieved investors claim that the bank's brokerage conducted almost no due diligence, or research, on the fund that it sold its client, p
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