Hedge Fund Up 16% This Year Bet on Luxury Appetite Falling
Businessmen with briefcases walk through the financial district in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)  

Hedge Fund Up 16% This Year Bet on Luxury Appetite Falling

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(Bloomberg) -- In a month when hedge funds globally registered their biggest drop in seven years, waning Chinese demand for luxury goods helped one Asian firm beat the odds.
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