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Hedge fund buys Edeus

A hedge fund that made billions in hedging against the US sub-prime mortgage crash has bought Edeus. Elliott Associates, based in New York, has bought the firm’s assets to set up Exact, a mortgage asset servicing company.

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Ian Pearson to talk at AIFA dinner

The Association of Independent Financial Advisers has announced that Economic Secretary to the Treasury Ian Pearson will be the keynote speaker at its AGM and Annual Dinner in London next week, replacing Kitty Ussher MP.

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