Max trims hedge fund allocation; AWAC expects $210mn Q3 investment loss
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Max trims hedge fund allocation; AWAC expects $210mn Q3 investment loss

Bermudian (re)insurer Max Capital Group Ltd will cut its allocation to alternative investments after being hit by poor results from the portfolio, while compatriot Allied World Assurance Company Holdings (AWAC) said it expects to take $210mn investment losses in...

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