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LONDON — The race for the door at hedge funds isn’t letting up.

With financial markets in disarray and the alleged fraud by money manager Bernard Madoff casting a pall on the industry, investors have been demanding their money back at a relentless rate in the first weeks of 2009. That is forcing some of the world’s best-known hedge-fund managers, who had hoped that massive withdrawals in December would be the worst of it, to brace for another wave.

Among the managers expecting withdrawals are New York-based D.E. Shaw & Co. and Och-Ziff Capital Management Group LLC, which together manage …

When will it end? Who knows, but end it will, and eventually, the market will recover. Ya gotta be in to win!