Hedge funds have had a strong year, resulting in an increase in satisfaction among investors this year. However, the third quarter brought a significant reversal as hedge funds’ favorite long positions underperformed. Q3 2021 hedge fund letters, conferences and more Hedge Fund Stocks Underperform According to Goldman Sachs’ Hedge Fund Trend Monitor, a record stretch of underperformance by the most popular long positions has weighed on returns. Goldman noted that U.S. equity hedge funds are up 13% year to date but only 3% in the last six months due to weakness in the most popular stocks. Additionally, the summer was…
Hedge Funds Hit The Skids Due To Weakness In The Most Popular Stocks
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.