Morgan Stanley Investment Management Launches Fund Of Hedge Funds

Morgan Stanley Investment Management (MSIM) has launched the Absolute Return Fund STS, an institutional quality portfolio of hedge funds for "special tax status" investors, namely, tax exempt and tax deferred individual investors and smaller institutional clients. The Absolute Return Fund

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Morgan Stanley Investment Management (MSIM) has launched the Absolute Return Fund STS, an institutional-quality portfolio of hedge funds for “special tax status” investors, namely, tax-exempt and tax-deferred individual investors and smaller institutional clients. The Absolute Return Fund STS now allows the SEC-registered fund of hedge fund offerings of Morgan Stanley Alternative Investment Partners to be available to investors with taxable, tax-exempt, and tax-deferred accounts.

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