Among the firms presenting are some of the industry's best known names, including SAC Capital, PEAK6, Discovery Capital Management, JANA Partners, Highbridge Capital Management, Passport Capital and Knighthead Capital.
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According to one attendee who asked not to be identified, Japan is being touted as a good play by some hedge funds over the 12 to 18 months as additional stimulus kicks in.
Tech is being talked about as a momentum play, the source said, referred to by some as the new darling of Wall Street. Managers pointed to the jump in shares of Netflix as an example of momentum carrrying a stock.
As for one of tech's biggest names whose momentum's been to the downside, some managers are defending Apple. The source said despite the steep drop in the firm's shares, some hedge funds are saying its still the same company it was a year ago.
—By CNBC's Mary Thompson; Follow her on Twitter: @MThompsonCNBC