Hedge Funds See Largest AUM Fall Since Lehman: JPMorganMani
Citing the third quarter HFR report from Hedgefundresearch.com, analysts at JPMorgan say that during the quarter, hedge funds witnessed the largest quarterly AUM decrease since the Lehman crisis and the worst returns since 2011. Nicholaos Panigirtzoglou and team at JPMorgan point out in their Oct. 23 report titled: “Worst year for HF performance since 2011” that their positioning signals indicate further room for near term short covering in EM.
AUM of hedge fund universe dropped by $95 billion . . .
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