With a market so dominated by headlines - often political ones - this market has been a bit of a bucking bronco the past few months. It appears quite a few hedge funds - after a poor June showing for the group [Jul 6, 2011: Average Hedge Fund Down on the Year] - are moving into higher cash levels. George Soros and Keith Anderson are taking it to the extreme with a 75% cash level in the $25B Quantum Fund per Bloomberg
http://www.fundmymutualfund.com/2011/07/market-volatility-pushes-george-soros.html
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