Hedge Funds Performance

Impala’s flagship hits a rough patch in August

by

The former Soros CIO is still beating the indices.

Robert Bishop’s Impala Asset Management took a hit in August in its flagship long/short equity strategy. The Impala Fund was down an estimated 4.30% in the onshore, while the offshore was down around 4.20%. The Standard & Poor’s 500 Index also finished the month with a loss of 4.7%, its worst month since the dot com bubble burst in August 2001, when it lost 6.4%. The AR Equity Index was down an estimated 1.78% in August, as of early September.

Impala is still in positive territory compared to most other equity funds for the year. The flagship long/short