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Hedge Fund Risk Retreat Largest in a Decade, Morgan Stanley Says

Bloomberg(subscription required) ·

Global equity hedge funds cut risk at the steepest rate in more than a decade through the first week of November as a widespread unwind gathered steam, Morgan Stanley prime brokers wrote in a note dated Tuesday.

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  1. Bloomberg(subscription required)Hedge Fund Risk Retreat Largest in a Decade, Morgan Stanley SaysGlobal equity hedge funds cut risk at the steepest rate in more than a decade through the first week of November as a widespread unwind gathered steam, Morgan Stanley prime brokers wrote in a note dated Tuesday.