New York (HedgeCo.net) \u2013 The latest data released from Hedge Fund Research shows that the average hedge fund lost 1.07% in the month of September and is down 1.35% on the year. This loss is the fourth consecutive monthly loss for the index and the last time there was a four-month losing streak was during the financial crisis in 2008. <\/p>\n
While the year to date loss is not what the industry had hoped for after lagging the overall market in 2013 and 2014, the 1.35% loss looks a lot better than the 6.74% loss the S&P 500 had at the end of September. <\/p>\n
With biotech and pharma stocks taking big losses in September, it isn\u2019t surprising to see that healthcare-focused funds fell 3.49 percent during the month. By comparison, the Healthcare Select Sector SPDR (NYSE: XLV) fell 5.7 percent during the month. Activist funds also had an especially rough month with an average loss of 5.17%.<\/p>\n
Rick Pendergraft
\nResearch Analyst
\nHedgeCoVest<\/p>\n","protected":false},"excerpt":{"rendered":"
New York (HedgeCo.net) \u2013 The latest data released from Hedge Fund Research shows that the average hedge fund lost 1.07% in the month of September and is down 1.35% on the year. This loss is the fourth consecutive monthly loss […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,3,16048],"tags":[],"class_list":["post-50225","post","type-post","status-publish","format-standard","hentry","category-hedgeco-networks-press-releases","category-hedgeco-news","category-hedgecovest-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50225"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50225\/revisions"}],"predecessor-version":[{"id":50226,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50225\/revisions\/50226"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}