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Not going viral… Hedge fund managers maintain discipline despite market jitters over coronavirus

(Hedgeweek) Equity markets have merely sneezed in response to the coronavirus (Covid-19) and while there is uncertainty over how much fear has been priced in, as infection numbers continue to rise, hedge funds have navigated developments with discipline and a modest reduction in net long exposure. For now, rather than try to react to short-term moves, managers are taking a prosaic stance.

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