(Bloomberg) Everyone on Wall Street had the same question last monday: which hedge fund managers lost, and how much? But as financial markets fell across time zones in a day of harrowing swings, some managers had the same answer: none of your business. After calling one fund late in the day, Boston-based investor Brad Balter got nowhere. “Only short-term investors call for daily numbers,” Balter says he was told by a snippy marketing representative.
Hedge Funds In U.S. Seen Curbing Damage From August Turbulence
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