KG Investments Underperforms As Alibaba Drags [Exclusive]Rupert Hargreaves
KG Investments Fund, the long/short equity hedge fund with $712 million of assets under management, underperformed the S&P 500 in August with a return of -2.5%.
For the year to the end of August, the fund returned 5.3%, compared to a gain of 21.6% for the S&P 500. The fund was down 3% on the long side and up 30 basis points on . . .
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