Hedge Funds Log Widest Daily Drawdown Since Covid in Stock Rout

Hedge fund returns worsen this week as tech selloff deepens

Hedge funds log widest daily drawdown since Covid in stock rout

‘All three broad equity strategies fell more than 1 per cent on the same day,’ Goldman Sachs says Read more at The Business Times.

Hedge Fund VIPs Suffer Worst Day Since 2011 As Two-Thirds Of The S&P Rallies... And The Index Tumbles

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Hedge Funds Posted Their Broadest One-Day Drawdown Since Covid as the AI Selloff Deepened, Goldman Sachs Said:

HedgeCo.Net — Hedge funds took one of their broadest hits in more than six years on Thursday as a renewed selloff in large technology stocks swept through crowded AI-linked positions. Goldman Sachs’ prime brokerage desk told clients that all three of the broad equity strategies it tracks fell more than 1% on October 22, the first time that has happened on the same day since the Covid-19 pandemic. “If last Thursday felt bad, today has been worse,…

Hedge funds suffer broadest daily losses since Covid as tech stocks…

Global hedge funds suffered one of their broadest daily selloffs since the Covid pandemic on Thursday, with fundamental, systematic and multistrategy funds all recording losses exceeding 1%, according to a report by Bloomberg citing Goldman Sachs prime brokerage data.Global fundamental long-short equity funds fell 1.4%, their worst session since 16 July, while telecommunications, media and technology-focused managers recorded average losses of 2…