Hedge funds up short positions in Jupiter - reports
Follows outflows
Andrew Formica was recently named Jupiter's new CEO
Several hedge funds have recently increased their short bets against Jupiter Fund Management on the back of rising outflows from the beleaguered asset manager.
US hedge fund firm Point72 Asset Management and quant giant AQR Capital Management disclosed new short bets against Jupiter this month, while Wellington Management and Marshall Wace have increased their...
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