A year to forget for most European equity funds

Thu Jan 26, 2012

2011 was not as bad a year as 2008 - the European long/short equity median was down 4.6% last year, compared to the 9.04% fall in the year when Lehman went bust - but it will be remembered as a bloody year by most managers.

As in other strategies, the European equity median spanned an unusually wide dispersion between winners and losers, and some funds did manage to...


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