Scores of fund managers bought Facebook shares, WSJ reports

theflyonthewall.com

For Facebook’s (FB) IPO, at least 160 U.S.-based mutual funds and exchange-traded funds, including those run by Fidelity Investments, Morgan Stanley Investment Management (MS) and OppenheimerFunds Inc., bought shares in May, according to monthly disclosures made in June and July compiled by Morningstar Inc. for the Wall Street Journal, reports the Wall Street Journal.

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