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August 1, 2011
Sanford C. Bernstein & Co., LLC, Multi-Strategy Fixed Income Hedge Fund Losses

Sanford C. Bernstein & Co., LLC, through its investment manager, Alliance Capital Management, LP, sold a proprietary hedge fund, called the Multi-Strategy Fixed Income Hedge Fund. The Multi-Strategy Fixed Income Fund was sold by Sanford C. Bernstein & Co., LLC as an alternative to traditional fixed income. Sanford Bernstein stressed that the Multi-strategy Fund would […]

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