Coronavirus Pummels Hedge Funds of All Stripes

Funds as varied as Kingdon, Perceptive, and Owl Creek are having a rough year.

(Michael Nagle/Bloomberg)

(Michael Nagle/Bloomberg)

There was no place to hide from the coronavirus pandemic that pummeled markets earlier this month.

While markets have started to bounce back over the past week — and some funds have at least tempered their losses — by the end of the third week of March the meltdown had taken a toll on a wide swath of hedge fund strategies.

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