August 27, 2012 at 16:35 PM EDT
Goldman: Only 11% Of Hedge Funds Beating S&P 500
The average hedge fund is up 4.6% year-to-date. Only 11% of those funds are ahead of the Standard & Poor’s 500-stock index (SPY). That’s according to the latest look at the sector by Goldman Sachs Group (GS). Goldman’s study, which covers 699 hedge funds with $1.2 trillion in gross assets as of the end of the [...]
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