AI market round up: MS predicts big redemptions

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AI market round up: MS predicts big redemptions

An analyst report from Morgan Stanley predicts a further 15% to 30% redemption in hedge fund assets over 2009. About 20% of assets have already been redeemed. If the predictions are correct, the hedge fund industry will have shrunk to $950 billion by the end of the year from an estimated high of $2 trillion.

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