Performance profile - Long positions nip at Ascend

Wed Aug 29, 2007



Ascend Partners' $1.3 billion flagship long/short equity fund was down slightly in July, as several of its bigger winning long positions for the year got hit in the stock market downdraft.

Ascend Partners Fund I, a U.S. long/short equity fund managed by founder Malcolm Fairbairn, lost 0.45% in July, though it has posted solid...

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