Goldman Sachs: Hedge Funds Worst Month vs. S&P 500 in 20 Years

Goldman Sachs: hedge funds worst month vs. S&P 500 in 20 years

Goldman strategists said July marked one of the sharpest hedge fund de-grossing episodes of the past decade

Goldman Sachs Says Hedge Funds Had Their Worst Underperformed Against The S&P 500 In More Than 20 Years

The bank called it "one of the sharpest hedge fund de-grossing episodes of the past decade."

Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data

Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data.

Goldman: hedge funds suffered worst underperformance vs S&P 500 in July in over 20 years

Goldman: hedge funds suffered worst underperformance vs S&P 500 in July in over 20 years Click this link for the original source of this article. Author: CNBC This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by...

Goldman Sachs flags historic hedge fund pain as AI trade unravels

According to Goldman Sachs, hedge funds suffered significant losses as the AI rally lost momentum in July. The bank said the pullback in AI-related stocks forced managers to unwind some of their heavy positions, resulting in one of the strongest de-grossing periods of the past 10 years.  It noted, “Our Hedge Fund VIP list of the most popular long positions suffered its worst 1-month underperformance vs. the S&P 500 in more than 20 years of histo…

Goldman’s Hedge-Fund VIP Basket Posted Its Worst Month Versus the S&P in 20-Plus Years:

HedgeCo.Net — Goldman Sachs said its Hedge Fund VIP list of the most popular long positions suffered its worst one-month underperformance versus the S&P 500 in more than 20 years of history in July. Strategists led by Ben Snider, as quoted by CNBC on August 21, also called July “one of the sharpest hedge fund de-grossing episodes of the past decade.” Funds trimmed AI names, including many semiconductors and most of the mega-caps. Hedgeweek, writ…