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Long-Short Hedge Funds Continue to Crank Up Market Exposure

The average equity long-short fund has been taking more risk, according to Credit Suisse, though several high-profile funds are moving in the opposite direction.

Long-short hedge fund managers, on average, continue to increase their risk in the face of rising volatility and the Standard & Poor’s 500 stock index’s small gains this year.According to a new report from Credit Suisse Prime Services Risk & Portfolio Advisory, the average equity long-short fund on its platform

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