Tuesday, October 18, 2011
Stock Market Losses Bring Hedge Funds Down; Barclay Hedge Fund Index Fell 3.92% in September
FAIRFIELD, Iowa, October 18, 2011 – Most hedge fund strategies had losses in September, evidenced by a 3.92% drop in the Barclay Hedge Fund Index compiled by BarclayHedge. The Index has lost 7.45% in the 3rd quarter and is now down 6.53% in 2011.
“For the second straight month we’re seeing the largest hedge fund losses since the 2008 meltdown,” says Sol Waksman, founder and president of BarclayHedge.
Read the entire Hedge Fund Press Release by clicking here.
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