Goldman Sachs Notes Hedge Fund Difficulity
Hedge funds are essentially flat year to date and long short funds are posting negative -2% returns, the most recent Goldman Sachs hedge fund monitor noted, while the S&P 500 index is up nearly 2%.
What is working best, however, is not the long / short funds, but Goldman’s basket of VIP long trades and VIP short trades, which is up 4% year to date . . .
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