It has been a lousy three months for hedge funds.
According to Hedge Fund Research's HFRX Global Hedge Fund Index, funds fell 0.94% on average in June and 2.79% in the three months ended June. This was, apparently, the worst second-quarter performance since 2000 when the industry lost 3.42%.
Read full article here.
2 comments:
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It's not been a great time for forex traders and forex brokers with the recession, but as the blog said, at least we're still standing. (Those of us still tied to GBP that is)
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