Hedge Funds
As Wuhan, China, ended its first week of quarantine, Tribeca Investment Partners portfolio manager John Stover began to bet on a recovery. “You can pick your own adventure in terms of what you read and how scared you want to get about it,” said Singapore-based Stover, whose firm manages about A$1.9 billion (US$1.28 billion). “But risk/reward has looked pretty good over the last couple of weeks.” For many traders on Wall Street, the number of confirmed COVID-19 cases has meant a frenzied search for safe havens, but some hedge funds are looking for bargains.

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