Asian hedge funds tiptoed back into the market last week, adding to their positions in Japan and India shares, after quickly cutting exposure when U.S. President Donald Trump unleashed sweeping tariffs at the start of the month, Morgan Stanley said. They were also buyers in Taiwan, mainly driven by short coverings, but reduced positions in Australia and China, the prime brokerage note sent to clients on Tuesday shows. Japan and India stood out when global investors struggled to find cover amid the market turmoil and a loss in confidence in U.S. assets.Read More
