2009 gains obscure last year's losses

Fri Jun 26, 2009

A dramatically healthier environment this year - including a rising stock market and a more liquid bond market - have been a boon to hedge funds: About three-quarters of the funds tracked by Absolute Return were positive for the year through May.

But the underlying statistics are less sanguine. Some 55% of the funds that have made gains this...

ISSN: 2151-1845 / CDC10004H


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