Long/shorts battle to limit downside in brutal May

Fri Jun 22, 2012

May was a brutal month for European and global equities, with the MSCI Europe index down by nearly 7% and the MSCI World index off by almost 9%.

A number of European long/short equity funds that had performed well in the first quarter were hurt, with several giving back a substantial chunk of their gains for the year.

Overall, though, the 'good’ news for the sector as a whole was that many managers...

ISSN: 2151-1845 / CDC10004H

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