Financial Post – The ability to move both with and against all types of financial markets is helping hedge funds limit the damage from this month’s sell-off.
The hedge fund composite index fell 3.45% this month through August 24 to outperform the S&P 500, which has fallen 8.87% over the same stretch.Managed futures strategies, which involves taking both long and short positions across a variety of futures from corn to cocoa to currencies, have performed the best quarter-to-date, rising 2.33%.
