PremiumUpdate On Hedge Fund Performance After The US Close
This article is so good
it's for premium members only.
Does that sound like you?
Already a member? Sign in.
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
Update (5:00pm ET): US markets have recovered during the day. At close, we estimate today's HFs returns:
- Fundamental LS managers down 1.4%. Including today returns, now down 5.9% YTD.
- Systematic LS managers seeing some pain today: down 0.9% mainly driven by unwinding in crowded stocks (~2.5 SD adverse moves). Still up 10% YTD.
* * *