Clarification: Morgan Stanley Investment Management acquired...

Clarification: Morgan Stanley Investment Management acquired FrontPoint Partners in December, and the firm has been fully merged into MSIM. The FrontPoint name was retained for its hedge funds. A Jan. 15 P&I Daily item on former FrontPoint product manager Jordan Gershuny's appointment as co-head of Morgan Stanley Investment Management's public fund and Taft-Hartley business implied FrontPoint still operated as an independent firm.