40% of long/short hedge funds down

Two-fifths of European long/short hedge funds produced negative returns in the first half of this year, in one of the worst periods of performance for the industry in recent memory.

According to Euro Hedge the proportion of long/short lossmakers was 37% while Tass/Tremont, another leading data provider, registered 40%.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire