Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Hedge Fund Struggles Due To Facebook's Plunge, Bets Against Stocks

Hedge Fund Struggles Due To Facebook's Plunge, Bets Against Stocks

by cnbc.com posted 9months ago 22 views
Goldman Sachs says hedge funds are significantly underperforming the stock market this year. : Goldman Sachs explained the weakness is the result of big positions in Facebook shares and disastrous bets against stocks. The firm said the average stock hedge fund is down 1 percent this year through Aug. 17 versus the S&P 500's 8 percent gain. "Volatility among the most popular stocks and low net leverage in a rising market have weighed on recent hedge fund returns," strategist Ben Snider said in Goldman's quarterly "Hedge Fund Trend Monitor" report Monday.

In this article

No tags related to this article.