More than 60% of hedge funds fell in May
By Rob Copeland
Tue Jun 19, 2012
Bridgewater, King Street, Third Point, York among losers.
May brought misery for the hedge fund industry, as a wide wave of losses cascaded across managers in most strategies.
Approximately 63% of funds lost money, and the median manager dropped 0.90%, the most since the height of the stock...
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