Strategy focus: Financials, commodities depress equity index

Tue Aug 26, 2008

A reversal in financial stocks and commodities, especially energy, led the median U.S. long/short equity fund to decline 2.29% in July, according to data from Absolute Return. The month's loss puts the index back in the red, at -2.14% for the year so far. Global long/short equity funds were hit even harder, losing 2.98% in July to bring the...

ISSN: 2151-1845 / CDC10004H

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