Comm Equip News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

by Tyler Durden Tuesday, May 11, 2021 - 07:15 AM Hedge funds had another rough week according to Goldmans Prime Brokerage, with the GS Equity Fundamental L/S  Performance Estimate falling -1.68% between 4/30 and 5/6 (vs MSCI World TR -0.33%), driven by alpha of -1.11% – the worst weekly alpha in two months – and to a lesser extent beta of -0.57% (from market exposure and the market sensitivity factor combined). As a result, global fundamental equity L/S hedge funds lost almost two-thirds o...