Goldman Prime: Yesterday Saw The Biggest Short Squeeze And Hedge Funds Selling In 14 Months
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
These seven growth stocks to buy are down from their highs, but they have strong valuations that give them robust long-term prospects.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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 Goldman's 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 of their YTD gains in just the past week, bringing their total YTD return to just 0.97% in what is s...