Waterstone Fund Loses In Supervalu Short Bet In July

Waterstone Market Neutral Fund got thrashed in July. The equity fund focused on short positions was down -5.29% in the month, the largest decline since September 2008. The fund's year to date performance has been trimmed to -12.6%.

Waterstone loses in Supervalu short bets

Waterstone incurred the largest underperformance in SUPERVALU INC. (NYSE:SVU), whose shares surged 19% in . . .


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