Morgan Stanley Advises Clients To Redeem From Paulson Funds.

By ValueWalk

Morgan Stanley advised its financial advisers to encourage clients to redeem their holdings from John Paulson's umbrella funds because of poor performance.

Morgan Stanley Wealth Management has told its financial advisers to encourage clients to redeem holdings from the two umbrella funds managed by billionaire hedge fund manager, John Paulson, according to a report from CNBC.