Seth Klarman: Hedge Fund Closures Are Throwing Up Bargains – ValueWalk Premium
Baupost Q2 Letter

Seth Klarman: Hedge Fund Closures Are Throwing Up Bargains

Hedge funds couldn't catch a break in 2019. While the industry posted some of the best returns since the financial crisis last year, most funds still lagged the market.

According to data group HFR, hedge funds recorded an average return of 10.4% last year. That's well behind the S&P 500's 31.5%.

Also see Klarman’s thoughts from the letter on

For comparison, the average hedge fund lost 4.8% in 2018, slightly underperforming the market, which returned -4.75%, including dividends.

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0