Halloween Low For Hedge Funds
Monday, November 10, 2008 : PermalinkNew York Post – Back-to-back bruising months in September and October have shaved more than 10 percent of hedge funds’ value, translating into hundreds of billions in losses, according to research and advisory firm Hedge Fund Research.
After weathering a brutal September that saw fund managers lose nearly 6 percent, hedge funds suffered further erosion last month, shedding 5.4 percent, according to HFR.
This year, hedge funds are down through Oct. 31 by about 15.5 percent.
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