This content is from: Premium
Hedge funds mirror the markets
The AR U.S. Equity Index has correlated 97 percent with the S&P 500 during the past year.
Amid an ugly few months for global markets, hedge funds also swooned, failing to meet their goal of providing uncorrelated absolute returns. Instead, they are closely tracking the decline of the Standard & Poor’s 500 index. The AR U.S. Equity Index has correlated 97 percent with the S&P 500 in
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.