Hedge Funds Feel Episodic Volatility: ‘You’re Going to Get Hurt’
- Graham’s biggest fund is said to decline 7.8% in February
- Laffont’s Coatue among major firms bucking month’s down trend
Hedge Funds Suffer Losses Amid Volatility's Return
This article is for subscribers only.
Some big-name hedge funds are suffering losses even after getting what many in the industry have been asking for: more volatility. It just wasn’t the right kind.
February was marked by a massive market selloff early in the month, a change from the years of calm that some managers blamed for lackluster performance. But the turmoil hasn’t been sustained enough for some traders to capitalize.