(FNLondon) A top-performing hedge fund has taken the bold step of almost completely dumping its equity holdings, ahead of what it fears will be a “substantial market correction — or worse”. Managing Partners Group, a UK fund manager that runs a small but strongly performing hedge fund called Vita Nova, said it thinks a setback for stocks is “inevitable”, with the only debate “being whether it will manifest in a bear run, or an outright stock market crash”.
Top-Performing Hedge Fund Says Dump Equities Now
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