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...

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now