September slaughter: Highbridge, Kingdon, Maverick, Omega, Paulson, and York fall big

By Lawrence Delevingne

Fri Oct 7, 2011

But this year has been great for some, with Bridgewater up 25%.

   Melissa Ko
The market volatility of August and September has turned dramatic gains into painful losses at some of the world’s largest and most respected hedge funds. Notably, veteran currency trader Melissa Ko's Covepoint Emerging Markets Macro Fund, which was up 20.20% through August, fell an estimated 37.87% in September as the dollar rose against several foreign currencies, bringing it down 25.32% for the year.

As with August, September challenged the industry with high volatility and declining stock indices. The AR composite index fell an estimated 1.49% during the month, putting it...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


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

Subscribe now

Popular Searches on HFI