13.03.2013 Hedge funds add exposure, cash levels drop
Bailey McCann, Opalesque New York: Hedge funds are continuing to add exposure, cash levels are down to 4.6% in 4Q’12. The top two stocks purchased were Facebook, and Citigroup and most sold were Apple and Tyco International, according to new data from Mary Ann Bartels, lead hedge fund analyst at Bank of America Merrill Lynch Global Research. Market Neutral funds aggressively bought market exposur
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