MFA statement on Bank of England SWES II results

WASHINGTON, Nov. 29 [Category: Financial Services] -- The Managed Funds Association issued the following news release:

London, UK MFA issued the following statement in response to the Bank of England (BoE) System-Wide Exploratory Scenario II (SWES II) report:

"The Bank of England's report highlights how hedge funds play an important role in financial markets and employ robust risk management practices that enable funds to withstand market shocks. Hedge funds inves . . .

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