Hedge funds plunged a record 7.9% in the first half of the year as the coronavirus pandemic roiled markets

Business Insider

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· *Hedge funds lost a record 7.9% on an asset-weighted basis in the year's first half, according to data from Hedge Fund Research. *
· *None of the hedge funds' four major strategies made money in the first six months of 2020, the report showed.*
· *Markets suffered a meltdown in March as the coronavirus pandemic...

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