Powerful equities market rally solidifies gains

Thu Sep 1, 2005

A strong rally in the equities markets that lifted the S&P 500 up 3.72% and the Nasdaq up 6.22% for the month of July also powered gains for most major long/short funds. While short-biased funds, broadly speaking, have outperformed long/short portfolios for the year, they naturally posted losses in July as the broad stock markets rose.

The Absolute Return U.S. Equities index gained...

ISSN: 2151-1845 / CDC10004H

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