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Why a top hedge fund has thrown in the towel

Nevsky Capital, the highly successful $1.5bn emerging markets hedge fund, is shutting down, complaining that the world economy has become too uncertain. Financer Justin Urquhart Stewart of Seven Investment Management tells the Â鶹ÊÓƵAV's Ed Butler why his Nevsky counterpart Martin Taylor has thrown in the towel.

(Picture: Stockbroker's reflection on a share prices board; Credit: Rizwan Tabassum/AFP/Getty Images)

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1 minute