21st Feb 2020 - 2:03pm Not going viral… Hedge fund managers maintain discipline despite market jitters over coronavirus Submitted By James Williams | 21/02/2020 - 2:03pm Equity markets have merely sneezed in response to the coronavirus (Covid-19) and while there is uncertainty over how much fear has been priced in, as infection numbers continue to rise, hedge funds have navigated developments with discipline and a most reduction in net long exposure. For now, rather than try to react to short-term moves, managers are taking a prosaic stance. The first reported case of Covid-19 in Wuhan broke on 31 December 2019.