Equities: Long/short funds trail markets

Sun Oct 1, 2006

Long/short equity funds are reporting a mediocre rise in August, and may even now be sending gold-bound copies of Aesop's "The Tortoise & The Hare" to their patient investors.

Both U.S. and global long/short equity funds trailed the broader market indices as many funds had lowered the net exposure going into August, thereby reducing their potential upside in the market rally, which was fueled in part by the Fed's pause in raising rates and lower energy prices....

ISSN: 2151-1845 / CDC10004H


By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI