Hedge funds continue to take a beating in May

Wed Jun 1, 2005

The poor performance that battered many big hedge funds in April continued through the first half of May, with many funds on the losing side of zero at the mid-month mark. As rumors about non-existent blow-ups swirled throughout the marketplace mid-month, investors and managers alike feared that the hype and rumor about mass liquidations of some hedge funds could cause investors to irrationally stampede for the exits,...

ISSN: 2151-1845 / CDC10004H

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