Global Hedge Funds Eye U.S. Treasuries, Asian Currencies Amid Iran Deal Optimism

Global hedge fund managers are repositioning into short-term U.S. Treasuries, Asian currencies, and select equities as market confidence recovers. Grey Value Management and Singapore's Reed Capital Partners are favoring short-term U.S. debt, with the latter also buying Japanese yen. Vantage Point Asset Management expects underperforming Southeast Asian equities to outperform, while Great Hill Capital's Thomas Hayes in New York is purchasing U.S. consumer stocks.
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