One year ago
»»FrontPoint Partners, Morgan Stanley’s then-$7 billion hedge-fund unit, planned to launch five new strategies within its $2.6 billion FrontPoint Multistrategy Fund, including U.S. event driven, global statistical arbitrage, direct lending, Australian long/short and emerging markets macro strategies. The fund also cut its relative-value, global-emerging markets and global equity long/short strategies due to negative performance.