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Hedge Funds Were Caught On The Wrong Side Of Two Big Trades Last Week

From businessinsider.com

Stocks are rallying again on Tuesday, rebounding sharply after a couple of shaky weeks to start October. And while the move in stock indexes grab the most headlines, most of the big action over the last few weeks has happened in the bond and currency markets. And some of the biggest, or at least most active, players in these markets aren't Mom-and-Pop or institutional investors, but hedge funds. In a new report, Societe Generale gives an update and an overview of how hedge funds were positioned during the recent volatility, and overall, they were a little caught out. As SocGen simply puts it: "Hedge fund ... (full story)

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