<div id="readability-page-1"><div><div><h2><strong>The rumors of excess are greatly exaggerated</strong></h2><p>No one ever really worried whether hedge funds were “alright.” But the latest data from Morgan Stanley’s prime brokerage desk shows they are — diversified, low beta, and far from all-in on AI. Positioning looks responsible, not euphoric, and crowding is more myth than fact.</p><h2><strong>No de-grossing</strong></h2></div></div></div>

<p>The rumors of excess are greatly exaggeratedNo one ever really worried whether hedge funds were “alright.” But the latest data from Morgan Stanley’s prime brokerage desk shows they are — diversified, low beta, and far from all-in on AI. Positioning looks responsible, not euphoric, and crowding is more myth than fact.No de-grossing</p>

Morgan Stanley: The Hedge Funds Are Alright