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Where Hedge Funds Are Looking Now: Scaramucci

CNBC – Following the U.S. presidential election, hedge funds are adding risk to their portfolios, Anthony Scaramucci of SkyBridge Capital said Monday on CNBC.

“More risk is being taken right now,” he said on “Fast Money.” Beta adjustment is also going on, Scaramucci added. “We also believe, the consensus is that the ‘fiscal cliff’ situation will get resolved, which sets up pretty nicely for next year, and there might be a touch more better-than-expected economic growth next year.

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