Sloane Robinson Posts Double-Digit Declines

The London firm updated clients on its mid-March results and positioning.

London, England. (Hollie Adams/Bloomberg)

London, England.

(Hollie Adams/Bloomberg)

Sloane Robinson is the latest example of a hedge fund firm sending a mid-month letter to clients updating them on performance, positioning, and current thinking in light of the volatility and uncertainty spooking the global markets and investors.

In a four-page letter dated March 17 and obtained by Institutional Investor, the London-based hedge fund firm disclosed that three of its four main funds are down between roughly 17 percent and 20 percent for the year through March 16 after extending losses through the first half of this month....

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