As hedge funds have ballooned in recent times, so has their footprint within the few markets massive sufficient to accommodate them. This isn’t an issue when their trades are going effectively. When these trades backfire, although, it may be a distinct story – significantly if a number of funds are holding the identical place and all attempt to minimize without delay.
“That’s why we’re having a one-in-100-year occasion each 5 years,” says Jakob Horder, world co-head of mounted revenue at Morgan Stanley. “There are bigger and bigger
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