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Hedge funds’ slow bleed outperforms marketwide hemorrhage

The recovery is proving to be more laborious, based on market performance in September and while the Lyxor Hedge Fund Index was down 1.4% that month, certain strategies within the product universe have proven resilient such as variable bias, market neutral and global macro strategies. The combined effects of soft macro data, micro turbulences such as Volkswagen’s carbon emission scandal…

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