Chicago Tribune – Feeling blue about the hit your portfolio took last quarter? You’re not alone. Hedge funds also had a lousy third quarter, delivering one of the worst performances on record.
The summer’s stomach-churning roller coaster ride throughout all markets , including stocks, bonds, commodities and currencies, triggered a loss of $85 billion in capital for the hedge fund industry during the three month period ended Sept. 30, according to industry tracker Hedge Fund Research.
