Hedge Funds Brave Stock Chaos to Lift Bets by Most in Five Years.

At Morgan Stanley, hedge fund clients had been buying stocks for previous few weeks until last Tuesday's shock of a hotter-than-expected reading on the consumer price index. While evidence on outright buying is mixed among prime brokers, JPMorgan data show hedge-fund sentiment is turning more constructive, thanks to sturdier fund performance of late. [Extracted from the article]