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Managers See Improvement in Short Books

Managers who have long complained about their short positions being a drag on their portfolios said those bets started to look better in the second quarter.

       O. Andreas Halvorsen, Viking Global Investors (Bloomberg) After complaining in their client letters for the past several quarters about the difficulty of selling short these days, some long-short managers said in their second-quarter letters to investors that the environment was starting to improve. A few of them reported making money on their

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