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Hedge funds place bets on Morgan Stanley; some exit Valeant

February 16, 2016 by · Leave a Comment 

NEW YORK/BOSTON (Reuters) – Top U.S. hedge fund management firms, including Dan Loeb's Third Point LLC, took new positions in Morgan Stanley during the fourth quarter, ahead of the bank's cost-cutting measures and bond-management reshuffling.

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Hedge funds place bets on Morgan Stanley; some exit Valeant