A Perfect Storm: Here's Why Long / Short Hedge Funds Are Getting HammeredMark Melin
Hedge fund alpha? What Alpha? Clearly not in long / short hedge funds in January and February.
A Credit Suisse report this morning noted an odd feat: The underperformance of the top 50 longs and shorts set a three year record in futility. Both long and short positions are under-performing in February, the report noted, which hasn’t happened since January 2013.