Hedge Fund AUM Increase As Flows Outpace Losses
Composite hedge fund performance was down in August, losing between 0.86% and 0.49% compared to gains ranging from 1.32% to 1.4% in July, according to research from Citi analyst Sandy Kaul. Considering the stock market’s surge in July and downward correction in August, the reversal isn’t much of a surprise.
Global financial markets declined in August
“Global financial markets declined in August as Emerging Market equities and currencies extended prior month . . .
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