Canyon, Greenlight, LibreMax among double-digit winners in bounce-back year
By Rob Copeland
Mon Oct 22, 2012
Nearly 80% of hedge funds made money in the third quarter, though global stocks did even better.
||Source: Absolute Return reporting, the
HedgeFund Intelligence database, HSBC Private
Hedge funds turned in another steady third quarter,
according to HedgeFund Intelligence data, putting the industry
in a strong position to close out profits in the final months
of the year.
Some 79% of funds were positive in the quarter, more than
double the ratio from the same period one year earlier. The
Absolute Return Composite rose 2.22%, and is now up 4.93% for
the year. All but one of the 16 underlying...
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