For These "Growth" Hedge Funds, It's Already The Worst Year On Record
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Here's Why Hedge Funds Are Having Another Dismal Year
by Tyler Durden It's shaping up as one of those years for hedge funds. A little over three months into the new year, retail investors (as measured by a basket of retail favorite names) is up almost 20%, the S&P is up a little over 8% while he dge funds have barely managed to generate any returns. In fact, until last week, the average global equity Long/Short fund was down for the year. It was only in the past week when Goldman Prime found that Equity Fundamental L/S hedge funds rose +2.92% globally... ... that year-to-date performance finally tipped into the green by a minuscule +0.05%.
Source: zerohedge.com