{"id":7734,"date":"2008-05-19T00:00:00","date_gmt":"2008-05-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"long-short-funds-flopped-during-slump","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2008\/long-short-funds-flopped-during-slump.html","title":{"rendered":"Long-short funds flopped during slump"},"content":{"rendered":"<p>Chicago Tribune- Maybe plain-vanilla stock and bond mutual funds will do the job after all.<\/p>\n<p>Long-short funds &#8212; the newfangled mutual funds designed to give common investors a hedge fund experience and protection during downturns &#8212; recently went through one of their first major tests. And they flopped.<\/p>\n<p><!-- END LEAD --><!-- START REST -->In July and August, with investors concerned over subprime loans and a credit squeeze, the benchmark Standard &amp; Poor&#8217;s 500 stock index went down 9.4 percent. Long-short mutual funds &#8212; which are designed to hedge risk by betting on some stocks to rise and others to fall &#8212; went down 8.4 percent, according to Lipper Inc., a mutual fund tracking firm.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.chicagotribune.com\/business\/yourmoney\/chi-ym-marksjarvis-1014oct14,0,7318491.column\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Tribune- Maybe plain-vanilla stock and bond mutual funds will do the job after all. Long-short funds &#8212; the newfangled mutual funds designed to give common investors a hedge fund experience and protection during downturns &#8212; recently went through one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[75,84,82,78,79,76,73,80,74,85,83,81,77],"class_list":["post-7734","post","type-post","status-publish","format-standard","hentry","category-activist-funds","tag-bear-stearns","tag-beta","tag-bets","tag-commitments","tag-eaton","tag-global-stocks","tag-hedge-fund-index","tag-inception","tag-john-devaney","tag-marcel","tag-medallion","tag-newcastle","tag-sister-sites"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7734","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7734"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7734\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}