Hedge Fund News From HedgeCo.Net

The Failure of Hedge Fund Neutrality

April 28, 2016 : Permanent Link

(Bloomberg) It’s been a terrible six months for hedge funds, so bad that Third Point said in a letter on Tuesday that some strategies had become “a hedge fund killing field.”The pain has been particularly severe for so-called market neutral funds, which seek positive returns regardless of the direction of broad stock or bond indexes. These suffered so much because there were too many such funds without enough ideas. And a bunch of their collectively popular trades blew up in their faces.

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