Strategy focus: Equities stage a late rally in December
Mon Feb 2, 2009
Not even a late rally could save long/short equity funds in
2008. In a recessionary year, unprecedented in both the
failures of financial institutions and in government
intervention, long/short equity strategies lost a median 15%,
according to the Absolute Return U.S. Equity Index. Global
Equity lost a median 14.47%. It's the worst performance ever
for equity strategies.
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active AR subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to AR.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.