Hedge Funds Feel Episodic Volatility: ‘You’re Going to Get Hurt’

(Bloomberg) Some big-name hedge funds are suffering losses even after getting what many in the industry have been asking for: more volatility. It just wasn’t the right kind. February was marked by a massive market selloff early in the month, a change from the years of calm that some managers blamed for lackluster performance. But the turmoil hasn’t been sustained enough for some traders to capitalize.

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