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Boston-based Wellington Hedge Management is one of the most secretive hedge funds in the business, keeping a very low public profile and maintaining a limited presence in the media. The firm Wellington Hedge Management is the hedge fund arm of Wellington Management Company, an investment advisor to 2,100 institutions around the world that focuses primarily on mutual funds. Wellington Management was founded in 1928 when Walter Morgan created the first balanced mutual fund in the U.S. The firm was named for the first Duke of Wellington, Arthur Wellesley...
