(Bloomberg) For years, the refrain of hedge funders, and their backers, has been that all they needed was a little bit of volatility. Everyone’s a genius in a bull market. It’s when markets turn down or tumultuous that pension funds and other clients are supposed to realize the wisdom of those high fees. That argument hasn’t played out so well this year. In February, the stock market encountered its first real big patch of volatility in years.
Hedge Funds Finally Got Some Volatility. It Didn’t Help.
This entry was posted in Syndicated. Bookmark the permalink.
