October rout leaves hedge funds cutting positions and staff
FROM THE WIRE · SEEKINGALPHA.COM
[stock market crash sell-off - trading screen in red] bunhill Hedge fund managers spent October throwing positions overboard, and now some are cutting crew. Stock-picking funds made their biggest deliberate cuts to holdings in over a decade, Morgan Stanley said in a note cited…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHedge fund deleveraging and staff cuts signal weaker risk appetite after the tech-led October sell-off.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Morgan Stanley said stock-picking funds made their biggest deliberate cuts to holdings in over a decade.
- 02Samlyn Capital, which oversees about $7B, is shifting its focus to financial-services stocks.
- 03The Nasdaq Composite posted its worst month since March 2025.