Turnaround for Global Alpha?

Fri Jun 29, 2007

Global Alpha, the $10 billion flagship of Goldman Sachs Asset Management's hedge fund stable that has been floundering for more than a year, appears to have snapped its losing streak.

Down almost 9% in 2006, the highly touted macro fund run by quantitative strategists Mark Carhart and Ray Iwanowski looked to be headed for a second down year as losses neared 6% through May. But by mid-June, Global Alpha was up around 6% for the month, according to an investor, making...

ISSN: 2151-1845 / CDC10004H


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