Chilton and Greenlight beat March downturn

Sat May 1, 2004



The U.S. equity markets experienced their first down month in 2004, with the S&P 500 posting a 1.5% loss the Nasdaq down 1.75%. However, long/short equity managers fared reasonably well, although many funds simply broke even. Funds with a largely long bias, that seem to have been lulled into complacency by the equity market's rise, may have been hurt by its correction in March....

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