Hedge Funds Lag On Short ProblemsVW Staff
According to a new report from Goldman Sachs Group Inc (NYSE:GS) hedge funds are not doing well in 2013. Overall just 5% of equity hedge funds are actually managing to beat the market. According to the analysis hedge fund long bets are actually doing well. It's the shorts that are killing returns.
The report, which deals with returns from the start of the year through to August 9, finds that average equity . . .
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